MARKET CLOSE: NZ shares gain; appetite for KFC helps Restaurant Brands hit record

Thu, 19 Sep 2019

By Paul McBeth Sept. 19 (BusinessDesk) - New Zealand shares rose, led by a recovery in fuel retailer Z Energy and as Restaurant Brands New Zealand hit a record. The S&P/NZX 50 Index increased 26.2 points, or 0.2 percent, to 10,801.05. Within the index, 22 stocks rose, 17 fell, and 11 were unchanged. Turnover was $95.5 million. Stocks across Asia were mixed, as investors digested the Federal Reserve's divided outlook for interest rates after policymakers voted to cut the federal funds rate. The Shanghai Composite Index was flat in aft...

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