MARKET CLOSE: NZ shares edge higher as Chinese virus fears weigh

Thu, 23 Jan 2020

New Zealand shares edged higher as investors continue to assess the impact of the coronavirus outbreak in China. The S&P/NZX 50 Index increased 11.43 points, or 0.1 percent, to 11,901.11. Within the index, 24 stocks rose, 16 fell, and 10 held steady. Turnover was $139 million. Equity markets across Asia were mixed as investors await a decision from the World Health Organisation on whether the outbreak will be deemed an emergency. Australia’s S&P/ASX 200 Index was down 0.7 percent in afternoon trading. Grant Williamson, director of Hami...

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