RESEND: MARKET CLOSE: NZ shares rise; Kathmandu, Fletcher follow ASX higher

Thu, 16 Apr 2015

(Removes garble in fifth paragraph) By Suze Metherell April 16 (BusinessDesk) - New Zealand shares rose, led by Kathmandu Holdings and Fletcher Building as investors bought sold-off trans-Tasman stocks. Fonterra Shareholders' Fund fell after dairy prices sank to their lowest level in 2015 overnight. The NZX 50 Index gained 25.678 points, or 0.4 percent, to 5881.757. Within the index, 24 stocks rose, 19 fell and seven were unchanged. Turnover was $115 million. Across the Tasman, Australia's S&P/ASX 200 Index rose 0.5 percent in aft...

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