New Zealand shares rose for second day after the NZX 50 Index's slide from its mid-May record high gave investors confidence there were "pockets of value" emerging in a relatively expensive market. Michael Hill International and Contact Energy gained. The NZX 50 rose 26.656 points, or 0.6 percent, to 4447.637. Within the index, 32 stocks rose, 13 fell and five were unchanged. ...
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