MARKET CLOSE: NZX 50 rises to record, led by Auckland Airport, Fletcher

Mon, 05 Jan 2015

By Suze Metherell Jan. 5 (BusinessDesk) - The NZX 50 climbed to a record in the market's first day of trading for 2015, led by Auckland International Airport and Fletcher Building as investors looked for cheaper stocks in a fully priced market. Chorus, the benchmark's top performer last year, fell. The NZX 50 Index advanced 34.318 points, or 0.6 percent, to 5602.601. Within the index, 27 stocks rose, 10 fell and 13 were unchanged. Turnover was $68 million, compared to a daily average $162 million in November. The benchmark index climbe...

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