Weakening kiwi aids share rise
A DECLINE in the kiwi dollar has boosted sentiment for export-based stocks, with Sky TV the big loser on the back of an expected fall in profit.
NEW Zealand shares rose as a weakening kiwi dollar and demand for dividends boosted equities.
MERIDIAN Energy, Fletcher Building and Fisher & Paykel Healthcare advanced. Sky Network Television plunged after forecasting a drop in profit.
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