BUZZ — New Zealand's SkyCity Entertainment rise on $124.6 million hotel sale

* Shares of casino operator SkyCity Entertainment Group rise as much as 4.6% to NZ$0.69, hitting their highest level since October 2 * Shares last up 3%, on track for best day since September 30, if gains hold * Company signs deal to sell The Grand Hotel and its business assets for NZ$221 million ($124.60 million) to Eden Global Capital Private and Auckland City Collective * About 10.2 mln shares change hands, 10.8x the 30-day average of 950,200 * Stock down 24.4% YTD including moves in current session ($1 = 1.7737 New Zealand dollars) (Reporting by Jasmeen Ara Shaikh in Bengaluru) ((Jasmeenaraislam.Shaikh@thomsonreuters.com;)