MARKET CLOSE NZ shares mixed as local earnings loom

Tue, 28 Jan 2014

By Suze Metherell Jan. 28 (BusinessDesk) – New Zealand shares were mixed today as investors cast forward to next month’s earnings season, and as regional markets mulled this week’s Federal Reserve meeting. Xero led gainers. The NZX 50 Index fell, 5.360 points, or 0.1 percent to 4848.439. Within the Index 32 stocks fell, 13 rose and five were unchanged. Total turnover for the day was $86.7 million. Markets across Asia were mixed as investors weighed up the possibility of the Fed further reducing its asset purchase programme and as Australia...

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