MARKET CLOSE: NZ shares up; Pushpay, Air NZ gain while Genesis, Mercury weaken

Wed, 27 Jun 2018

By Sophie Boot June 27 (BusinessDesk) - New Zealand shares gained in light trading, led higher by Pushpay Holdings and Air New Zealand while Genesis Energy and Mercury New Zealand fell. The S&P/NZX50 Index rose 6.72 points, or 0.08 percent, to 8,996.52. Within the index, 26 stocks fell, 16 rose and eight were unchanged. Turnover was $118.3 million. Pushpay led the index higher, up 2.7 percent to $4.18. "Tech stocks are more in favour in the US - they have been sold off in the last few days over talks about a retail tax affecting th...

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