Shares edge up ahead of earnings season
New Zealand shares edged higher in relatively quiet trading as investors wait for company earnings season to kick off later this month. Air New Zealand dropped to a three-month low, extending its decline after this week's profit warning.
The S&P/NZX 50 increased 13.83 points, or 0.2 percent, to 8,999.17. Within the index, 26 stocks gained, 17 fell, and seven were unchanged. Turnover was $131.5 million.