MARKET CLOSE NZX 50 rises to highest in almost 5 years; Wrightson, Vector, Contact gain

Mon, 26 Nov 2012

Nov. 26 (BusinessDesk) - New Zealand’s benchmark NZX 50 Index to its highest close in almost five years, joining a global rally amid demand for higher yields an optimism Europe will grant Greece its next tranche of financial aid. PGG Wrightson, Vector and Contac t Energy gained. The NZX 50 gained 3.69 points, or 0.1 percent, to 4012.02, the highest since early January 2008. Within the index, 19 stocks rose, 17 fell and 14 were unchanged. Turnover was about $87 million The Dow Jones Industrial Average rose 1.4 percent on Friday, rounding out...

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