MARKET CLOSE: NZ shares follow soft Wall St lead

By Paul McBeth | Mon, 13 Jan 2020


New Zealand shares took their cue from a soft lead on Wall Street as investors started the week on a cautious note. The S&P/NZX 50 Index decreased 8.03 points, or 0.1 percent, to 11,543.67. Within the index, 21 stocks fell, 23 rose, and six were unchanged. Turnover was $108.1 million, with Metlifecare accounting for $44.4 million of that. Stocks across Asia were mixed as some investors were optimistic and started the week on a positive note, with the US and China set to sign their preliminary trade agreement on Wednesday, while others fol...