MARKET CLOSE:NZ shares rise, paced by Pacific Edge; Orion up 10% on debut

Wed, 26 Nov 2014

By Suze Metherell Nov. 26 (BusinessDesk) - New Zealand shares rose, paced by Pacific Edge after it announced a European patent for one of its cancer tests. Orion Health Group climbed in its NZX debut, as investors looked for growth stocks. The NZX 50 Index rose 14.714 points, or 0.3 percent, to 5457.392. Within the index, 22 stocks rose, 23 fell and five were unchanged. Turnover was $96.3 million. Pacific Edge, the non-invasive bladder cancer test developer, advanced 3.7 percent to 84 cents after saying its colorectal technology had be...

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