MARKET CLOSE: NZ shares edge lower on thin volumes Trump inauguration awaited; NZ Refining falls

MARKET CLOSE: NZ shares edge lower on thin volumes Trump inauguration awaited; NZ Refining falls
Paul McBeth
By Paul McBeth Jan. 20 (BusinessDesk) - New Zealand shares fell on light volumes as investors await the inauguration of US president-elect Donald Trump and greater insight into his policy programme. New Zealand Refining dropped, while SkyCity Entertainment Group gained.  The S&P/NZX 50 index declined 13.88 points, or 0.2 percent, to 7048.48. Within the index, 24 stocks fell, 16 gained and 10 were unchanged. Turnover was $128.7 million.  Stocks on Wall Street dropped as investors second-guess what impact Trump will have on the world's b...