MARKET CLOSE: NZ shares rise to record as A2, Westpac, Meridian, Sky advance

Thu, 24 Dec 2015

By Sophie Boot Dec. 24 (BusinessDesk) - New Zealand shares rose to a new record as A2 Milk Co continued its strong rally, with Westpac Banking Corp, Meridian Energy and Sky Network Television all advancing on light trading. The S&P/NZX 50 Index capped off two trading weeks of consecutive gains, up 30.2 points, or 0.5 percent, to 6225.54. Within the index, 32 stocks rose, eight fell and 10 were unchanged. Turnover was $58.4 million, in shortened trading hours. A2 Milk, this year's best performer on the benchmark index, rose 9.4 percent...

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