MARKET CLOSE NZ shares creep up despite weak China, US and gold

Mon, 15 Apr 2013

April 15 (BusinessDesk) - New Zealand stocks eked out small gains in trading at the start of the new week, reflecting weaker than expected economic data from both China and the US, although gold miners suffered most as the gold price continued to fall. The NZX50 Index of the top 50 companies rose 18.941 points, or 0.427 percent, to 4,454.710. Within the index, 32 stocks rose, 10 stocks fell rose, and eight were unchanged. Turnover was relatively light at $102.2 million. "Markets have run quite aggressively on increased monetary stimulus," sa...

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