MARKET CLOSE: NZ shares outperform Asia as exporters gain; Sky leads market higher

Mon, 22 Jul 2019

By Paul McBeth July 22 (BusinessDesk) - New Zealand shares rose for a fourth day, outperforming the rest of Asia, as exporters including A2 Milk Co, Mainfreight, and Fisher & Paykel Healthcare all gained. Sky Network Television led the market higher. The S&P/NZX 50 Index advanced 71.54 points, or 0.7 percent, to a record 10,824.69. Within the index 29 stocks rose, 11 fell, and 10 were unchanged. Turnover was $144.7 million, of which Mainfreight accounted for $24.2 million. The local market reported the biggest increase in afternoon t...

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