MARKET CLOSE: NZ shares up, retirement stocks Summerset, Metlifecare continue to gain

Mon, 17 Jul 2017

By Sophie Boot July 17 (BusinessDesk) - New Zealand shares rose broadly, with the market led by continued gains from Summerset Holdings and Metlifecare, while smaller stock Pushpay Holdings kept rising too. The S&P/NZX50 Index rose 49.8 points, or 0.65 percent, to 7,699.57. Within the index, 34 stocks rose, nine were unchanged and seven fell. Turnover was $137 million. "Our market is having a pretty good day, and it's continuing to be led by a reasonably sustained bounceback in property related stocks," said James Smalley, director at...

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