MARKET CLOSE: NZX 50 charts new record as A2 Milk extends rally; Air NZ falls as yields weaken

Tue, 24 Nov 2015

By Sophie Boot Nov. 24 (BusinessDesk) - New Zealand shares rose, pushing the NZX 50 Index to a new record close, as a2 Milk extended its rally and Chorus gained. Air New Zealand fell after releasing monthly operating statistics. The S&P/NZX 50 rose 23.65 points, or 0.4 percent, to 6101.27. Within the index, 24 stocks rose, 19 fell and seven were unchanged. Turnover was $191 million. A2 Milk led the index higher, gaining 12 percent to $1.22, an all-time high. The stock has risen 88 percent this year, after starting to rally in mid Novem...

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