MARKET CLOSE: NZ stocks rise; Metro Glass gains, Sky TV drops

Fri, 23 Oct 2015

By Tina Morrison Oct. 23 (BusinessDesk) - New Zealand shares rose for a 10th straight day, propelling the benchmark S&P/NZX 50 Index to a record high, as investors regain confidence following volatility over the past couple of months. The S&P/NZX 50 Index rose 47.06 points, or 0.8 percent, to 5,970.660. Within the index, 39 stocks rose, seven fell and four were unchanged. Turnover was $139 million. New Zealand joined other Asian sharemarkets in posting gains today, extending a global stock rally after the European Central Bank signalle...

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