MARKET CLOSE: NZ shares up 1.4% on first trading day of the year; Ryman, Auckland Airport, ANZ gain

Wed, 04 Jan 2017

By Sophie Boot Jan. 4 (BusinessDesk) - New Zealand shares rose on the first trading day of the year, buoyed by overseas sentiment, with Ryman Healthcare, Auckland International Airport and Australia & New Zealand Banking Group gaining. The S&P/NZX50 Index gained 93.09 points, or 1.4 percent, to 6,974.31. Within the index, 29 stocks rose, 13 fell and eight were unchanged. Turnover was $121.5 million. Wall Street set the tone for the Asian trading session, with the Standard & Poor's 500 index up 0.9 percent as the latest US manufacturing...

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