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.