MARKET CLOSE: NZ shares march higher as holiday trading takes hold

Wed, 18 Dec 2019

New Zealand shares rose to a record close in relatively light trading through most of the day as the holiday season starts to take hold. The S&P/NZX 50 Index increased 68.72 points, or 0.6 percent, to 11,329.56. Within the index, 31 stocks rose, 15 fell and four were unchanged. Turnover was $125.6 million. Just two stocks had traded on volumes of more than a million shares before the matching period at the end of the session; that grew to seven at the end of the day. Spark New Zealand was the most traded stock on a volume of 2.9 millio...

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