MARKET CLOSE Shares buoyant ahead of MRP offer docs unveiling

Thu, 04 Apr 2013

April 4 (BusinessDesk) - New Zealand shares rose against an Australian downtrend for the second day in a row, as the market appeared to reward Restaurant Brands for the Carl's Jr roll-out and 440,000 would-be kiwi investors who will see the MightyRiverPower offer documents tomorrow. The NZX50 rose 17.31 points, or 0.39 percent, to 4430.16. Among the top 50 stocks, 25 rose, 13 fell, and 12 were unchanged. Turnover was $150.21 million. The Ministers of Finance and State-Owned Enterprises, will launch the offer documents for the first initial...

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