MARKET CLOSE NZX 50 extends record; Auckland Airport, Air NZ, Fletcher rise

Wed, 05 Mar 2014

By Suze Metherell March 5 (BusinessDesk) – New Zealand’s NZX 50 Index extended gains to a new record as investors were drawn to a market with robust economic growth. Auckland International Airport, Air New Zealand and Fletcher Building paced gainers. The NZX 50 Index rose 39.829 points, or about 0.8 percent, to 5073.090. Within the index, 21 stocks rose, seven fell and 14 were unchanged. Turnover was $148.1 million. The country’s busiest gateway Auckland Airport rose 1.9 percent to record high of $3.85. National carrier Air New Zealand in...

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