Business

NZ shares edge higher

New Zealand shares gained in shortened Christmas Eve trading, shaking off the negative lead set by Wall Street's decline on Friday night, with defensive stocks such as property investment firms and power companies among the gainers. 

The S&P/NZX 50 index increased 28.32 points, or 0.3 percent, to 8,714.51. Within the index, 28 stocks gained, 15 fell, and seven were unchanged. Turnover was very light at $49.1 million.

TO READ THE FULL STORY ON NEWSROOM PRO

SUBSCRIBE TO PRO

Subscribe now to start a free trial of Newsroom Pro for 28 days.

View our subscription options

Comments

Newsroom does not allow comments directly on this website. We invite all readers who wish to discuss a story or leave a comment to visit us on Twitter or Facebook. We also welcome your news tips and feedback via email: contact@newsroom.co.nz. Thank you.

PARTNERS