MARKET CLOSE NZ stocks end week on new high

Fri, 25 Jan 2013

Jan 25 (BusinessDesk) – New Zealand shares rose again to create a new high for the NZX50 Index, which is hovering just below the 4,200 mark, and close still to a 1,000 point index rise in 12 months. The index of the top 50 shares rose 9.907 points, or 0.236 percent to 4199.821, even though only 15 shares rose, while 26 fell, reflecting the influence of heavyweights Telecom and Fletcher Building among risers. Just nine stocks were unchanged and turnover was valued at $a relatively low $98.738 million, with trading since the New Year tending com...

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