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NZ shares bounce back from Turkish sell-down, Summerset falls on mixed result

Tuesday 14th of August 2018

The S&P/NZX 50 index rose 26.9 points, or 0.3 percent, to 8,971.94. Within the index, 22 stocks gained, 20 fell and eight were unchanged. Turnover was $137 million.

Stocks across Asia were mixed as investors digest the impact of Turkey's economic woes, where a plunging lira increases the burden of foreign indebtedness which has funded the Middle Eastern nation's rapid growth in recen...

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