MARKET CLOSE: NZ shares up, Kathmandu and A2 lead gains while Pushpay, Rakon rally on earnings

Thu, 16 Nov 2017

By Sophie Boot Nov. 16 (BusinessDesk) - New Zealand shares rose, led higher by Kathmandu Holdings and A2 Milk Co, while CBL Corp dropped. The S&P/NZX50 Index gained 34.76 points, or 0.4 percent, to 8,034.7. Within the index, 26 stocks rose, 19 fell and five were unchanged. Turnover was $190 million. "There's not a lot going on today, some stocks are regaining ground they lost yesterday," said Grant Williamson, broker at Hamilton Hindin Greene. "There's a bit of buying activity in A2 and Synlait which obviously helps the index somewhat...

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