MARKET CLOSE: NZ shares rise; Trade Me, F&P gain; CBL soars on debut

Tue, 13 Oct 2015

By Suze Metherell Oct. 13 (BusinessDesk) - New Zealand shares rose, led by Trade Me Group and Fisher & Paykel Healthcare, as the local market's consistency attracts investors after a volatile September quarter. Insurer CBL Corp debuted at a premium to its sale price. The S&P/NZX 50 Index advanced 12.98 points, or 0.2 percent, to 5702.81. Within the index, 15 stocks rose, 26 fell and nine were unchanged. Turnover was $151.3 million. The benchmark index has gained 2.2 percent this month, erasing some of last quarter's 3.5 percent decli...

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