MARKET CLOSE: NZ shares rise with Asia's rally; Sky TV, F&P Healthcare, Fletcher gain

Mon, 09 Apr 2018

By Jonathan Underhill April 9 (BusinessDesk) - New Zealand shares rose as the local bourse joined a region-wide rally on optimism the US and China will manage to avoid a trade war that could slow global growth. Sky Network Television, Fisher & Paykel Healthcare and Spark NZ led broad-based gains. Orion Health jumped 11 percent. The S&P/NZX 50 Index rose 60.86 points, or 0.7 percent, to 8,454.1. Within the index, 29 stocks rose, 10 fell and 11 were unchanged. Turnover was $100.8 million. The Dow Jones Industrial Average dropped 2.3 perc...

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