MARKET CLOSE: NZX 50 charts new record; Comvita leads, Spark, Port of Tauranga gain

Thu, 19 Oct 2017

By Jonathan Underhill Oct. 19 (BusinessDesk) - New Zealand shares rose, nudging the S&P/NZX 50 Index to a new record, as Comvita continued to benefit from yesterday's earnings upgrade and Port of Tauranga said first-quarter volumes pointed to stronger annual profit in 2018. The NZX 50 gained 9.05 points, or 0.1 percent, to 8124.04. Within the index, 21 stocks rose, 19 fell and 10 were unchanged. Turnover was $152 million. Comvita rose 3.4 percent to $7.85, adding to its gain yesterday after the Te Puke-based company raised its 2018 ea...

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