New Zealand shares gain

Posted by 7Star Friday, March 20, 2009

New Zealand share prices closed 1.03 percent higher Thursday following gains on Wall Street, dealers said. The benchmark NZX-50 index rose 26.88 points to 2,633.21 on turnover worth 64 million New Zealand dollars (34.7 million US). The session was "solid but pretty quiet" in light volumes, ASB Securities broker Stephen Wright told Dow Jones Newswires.

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