MARKET CLOSE: NZ shares edge higher in quiet trading; weaker currency buoys exporters

Wed, 17 Jul 2019

By Paul McBeth July 17 (BusinessDesk) - New Zealand shares edged up in quiet trading as exporters including Tourism Holdings and Air New Zealand led the market higher as a weaker currency underpinned their international earnings. Fletcher Building dropped below the $5 mark. The S&P/NZX 50 Index increased 3.6 points, or 0.03 percent, to 10,654.80. Within the index, 21 stocks gained, 20 fell, and nine were unchanged. Turnover was $125.2 million. Local trading has been thin during the past week and a half with fewer people on deck over t...

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