MARKET CLOSE: NZ shares rise slightly to record high, Z Energy up while SkyCity falls

Mon, 07 Mar 2016

By Sophie Boot March 7 (BusinessDesk) - New Zealand shares rose slightly to close at another all-time high as the market took a breather post earnings season. Z Energy gained while SkyCity Entertainment Group fell. The S&P/NZX 50 Index edged up 0.8 points, or 0.01 percent, to 6,418.93. Within the index, 22 stocks gained, 20 fell and eight were unchanged. Turnover was $123.7 million. Z Energy led the index, advancing 3.1 percent to $6.57, though the stock only got back to where it was a week ago. The stock has been up and down over the...

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