MARKET CLOSE: NZ shares nudge higher on last full day's trading for the year

Fri, 28 Dec 2018

By Paul McBeth Dec. 28 (BusinessDesk) - New Zealand shares rose in the last full day of trading for 2018 on subdued volumes with many investors out for the Christmas and New Year holiday. Summerset Group led the market higher. The S&P/NZX 50 increased 8.97 points, or 0.1 percent, to 8,783.49, its third straight gain. Within the index, 33 stocks gained, 11 fell and six were unchanged. Turnover was a modest $45.8 million. Stock markets across Asia were broadly stronger after a late rally on a volatile Wall Street, with Australia's S&P/...

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