MARKET CLOSE: NZ shares play catch up after yesterday’s outage

Tue, 17 Dec 2019

New Zealand shares were stronger as they played catch up from yesterday’s late outage, with heavier trading than usual. The S&P/NZX 50 Index rose 34.01 points, or 0.3 percent, to 11,260.84. Within the index, 28 stocks advanced, 18 fell and four were unchanged. Turnover was $186.9 million. Trading was busier than normal with a volume of 35.3 million shares changing hands, more than the 90-day average of 28.5 million, after an outage late yesterday cut the session short. Better than expected Chinese economic data yesterday helped buoy st...

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