MARKLET CLOSE NZ shares rise, Fletcher at 7-month high, Trade Me gains

Wed, 04 Sep 2013

Sept. 4 (BusinessDesk) – New Zealand shares rose, as Fletcher Building gained to a 7-month high on signs of life in the Australian economy and amid perceptions the local market offers reasonably attractive dividend yields in a world of low interest rates. The NZX 50 Index rose 3.595 points, or 0.1 percent, to 4610.306, the highest close in four months. Within the index, 18 stocks rose, 21 fell and 11 were unchanged. Turnover was a higher-than-average $198 million, including $72 million of Fletcher and $22 million of Sky Network Television. F...

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