MARKET CLOSE: NZ shares up, Pushpay rebounds from selling while Synlait, Sky TV gain

Fri, 27 Jul 2018

By Sophie Boot July 27 (BusinessDesk) - New Zealand shares gained in light trading, led higher by Pushpay Holdings and Synlait Milk. The S&P/NZX50 Index rose 63.68 points, or 0.7 percent, to 8,996.16. Within the index, 25 stocks rose, 17 fell and eight were unchanged. Turnover was $87.5 million. "We're faring quite well considering overnight leads in the US were weak, particularly in the technology sector with Facebook being slammed after what on the surface seemed a reasonable result but just didn't meet market expectation at all," s...

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