MARKET CLOSE: NZ stocks gain; A2 Milk, Fletcher Building advance

Thu, 27 Apr 2017

By Rebecca Howard April 27 (BusinessDesk) - New Zealand shares rose, as Fletcher Building benefited from government plans to beef up infrastructure spending, A2 Milk continued to climb after upbeat guidance and SkyCity Entertainment Group and Xero continued to recover as jitters around European elections and geopolitical tensions abated. The S&P/NZX 50 Index gained 19 points, or 0.3 percent, to 7,354.62. Within the index, 33 stocks gained, 14 fell and 3 were unchanged. Turnover was $116 million. "A little bit of the anxiety around Eur...

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