MARKET CLOSE: NZ shares rise to new record; Auckland Airport, Xero gain while Orion falls

Tue, 08 Mar 2016

By Sophie Boot March 8 (BusinessDesk) - New Zealand shares rose to another record, led by Auckland International Airport as investors rallied behind blue-chip stocks with renewed confidence. Xero gained, while Orion Health Group fell. The S&P/NZX 50 Index advanced 27.8 points, or 0.4 percent, to 6,446.73. Within the index, 32 stocks rose, 16 fell and two were unchanged. Turnover was $147.7 million. Auckland Airport climbed 3.7 percent to $6.895, an all time high. The airport today said the expiry of its current taxi licensing agreemen...

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