MARKET CLOSE: NZX 50 rises to record; MRP, Meridian, Genesis climb

Mon, 02 Mar 2015

By Suze Metherell March 2 (BusinessDesk) - New Zealand shares rose to a fresh record, paced by MightyRiverPower, Meridian Energy and Genesis Energy as investors mulled possible lower interest rates across the Tasman. Diligent Board Member Services fell after reporting its annual profit. The NZX 50 Index rose 14.201 points, or 0.2 percent, to 5892.673. Within the benchmark, 21 stocks rose, 19 fell and 10 were unchanged. Turnover was $159 million. The local benchmark follow Australia's S&P/ASX 200 Index's 0.8 percent gain in afternoon t...

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