MARKET CLOSE NZ stocks gain as Metlifecare, Acurity Health gain investor interest

Fri, 25 Oct 2013

By Tina Morrison Oct. 25 (BusinessDesk) - New Zealand stocks rose, led by Metflifecare after infrastructure investor Infratil and the New Zealand Superannuation Fund agreed to buy shares in the retirement village operator and developer from cornerstone investor Retirement Villages New Zealand. The NZX 50 Index rose for the fourth day in five, advancing 28.411 points, or 0.6 percent, to 4863.353. Within the index, 27 stocks gained, 13 fell, and 10 were unchanged. Turnover was $147.5 million “It’s clearly a bull market we are in, after one da...

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