MARKET CLOSE Positive New Year tone rumbles on

Wed, 23 Jan 2013

Jan 23 (BusinessDesk) – New Zealand shares eked out another rise as the broadly positive tone since New Year continued, with substantial volumes noted in some key stocks. The NZX50 Index was up 0.64 points, or 0.01 percent, to 4187.72. Within the index, 23 stocks rose, 14 rose and 13 were unchanged. Turnover was $ 133.213 million. “There seems to be some reasonable volume in some stocks,” said Craig Brown, a senior investment analyst at OnePath, pointing to turnover of 4.888 million Argosy Property shares, which saw the stock rise 0.55 perc...

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