New Zealand share prices closed 0.41 percent higher on Monday to another record close following Wall Street's gains last Friday and as the corporate reporting season draws to an end, dealers said. The benchmark NZSX-50 gross index rose 13.27 points to 3213.36, with turnover totalling 71.7 million New Zealand dollars (52.54 million US). Market heavyweight Telecom, which has a 26 percent weighting on the top 50 index, rose six New Zealand cents to 6.48 New Zealand dollars.
Among other leading stocks, Fletcher Building rose 14 cents to a multi-year high of 7.52 dollars, Hellaby rose 10.0 cents to 6.95 dollars and The Warehouse fell six cents to 4.11 dollars.
Macquarie Goodman Property Trust (MGP) was steady at 1.21 dollars, after announcing plans to buy 304 million dollars worth of assets from its Australian-based sister Macquarie Goodman Group (MGQ).
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