RESEND2: MARKET CLOSE: NZ shares rise; DNZ gains; Spark drops; Chorus at 2.5 year high

Thu, 21 May 2015

(Restates first paragraph in plainer language) By Suze Metherell May 21 (BusinessDesk) - New Zealand shares rose after DNZ Property Fund reported an increase in annual earnings. Spark New Zealand fell while Chorus rose as investors looked ahead to a Commerce Commission decision on network pricing. The NZX 50 Index rose 13.478 points, or 0.2 percent, to 5769.265. Within the index, 25 stocks rose, 15 fell and 10 were unchanged. Turnover was $143 million. DNZ Property Fund rose 1.3 percent to $2.025. The sixth-biggest property stock...

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