Corporate

NZ shares firm

New Zealand shares rose slightly as growing investor unease over the global economy bolstered demand for defensive stocks such as local utilities Meridian Energy and Mercury NZ.

The S&P/NZX 50 index increased 11.39 points, or 0.1 percent, to 8,743.76. Despite the increase, within the index, 19 stocks gained against 23 that fell, and eight were unchange

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