MARKET CLOSE: NZ shares extend gain in increasingly volatile market; Chorus gains

Thu, 16 May 2019

By Paul McBeth May 16 (BusinessDesk) - New Zealand shares rose for a second day in an increasingly volatile market. Equities rose across Asia and Chorus led the local market higher. The S&P/NZX 50 Index increased 45.41 points, or 0.4 percent, to 10,176.99. Within the index, 21 stock rose, 17 fell, and 12 were unchanged. Turnover was $109 million. Stocks across Asia were largely stronger, with China's Shanghai Composite up 0.2 percent in afternoon trading, Australia's S&P/ASX 200 index rising 0.2 percent and Singapore's Straits Times...

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