MARKET CLOSE NZX 50 Index charts record high again; Diligent, Xero gain

Mon, 11 Mar 2013

March 11 (BusinessDesk) – New Zealand shares rose, pushing the NZX 50 Index to a new record, as investors were attracted by the prospect of continued earnings and dividend growth and tech companies Diligent Board Member Services and Xero continued their ascent. The NZX 50 rose 12.548 points, or 0.3 percent, to 4366.575. Within the index, 22 stocks rose, 21 fell and seven were unchanged. Turnover was $156 million. Diligent, which provides web-based portals for boards of directors, climbed 3.4 percent to a record $6.46. The company told the NZ...

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