MARKET CLOSE: NZ shares rise; SkyCity gains on Key's hint of convention funding

Tue, 10 Feb 2015

By Suze Metherell Feb. 10 (BusinessDesk) - New Zealand shares rose, paced by Sky City Entertainment Group after Prime Minister John Key said he wouldn't rule out government funding to help it build its Auckland convention centre. Guinness Peat Group fell. The NZX 50 Index rose 14.524 points, or 0.3 percent, to 5784.094. Within the index, 21 stocks rose, 23 fell and six were unchanged. Turnover was $127 million. Sky City advanced 3.5 percent to $3.90 after Prime Minister John Key told reporters the casino operators convention centre wa...

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