MARKET CLOSE NZ shares rise, Z Energy joins NZX50

Fri, 11 Oct 2013

By Tina Morrison Oct 11 (BusinessDesk) - New Zealand shares rose along with other global markets on optimism US politicians are moving closer to resolving a stalemate that has caused a partial government shutdown and the possibility of a debt default looming. The NZX 50 Index gained 23.390 points, or 0.5 percent, to 4740.770. Within the index, 37 stocks gained, seven fell and six were unchanged, on low turnover of $81 million. New Zealand’s gains lagged a rally on Wall Street and a 1.7 percent jump in the S&P/ASX 200 Index, possibly showing N...

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