Thursday, 4 August 2016

MARKET CLOSE: NZ shares rise, Kathmandu gains on guidance, A2 Milk advances

New Zealand shares gained after Kathmandu Holdings affirmed earnings would rise in line with its guidance. A2 Milk also advanced.

The S&P/NZX 50 index rose 20.69 points, or 0.3%, to 7,298.09. Within the index, 24 stocks rose, 21 fell and six were unchanged. Turnover was $155.8 million.



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