MARKET CLOSE: NZ shares edge higher; US rate uncertainty buoys local blue chips

Fri, 14 Jun 2019

By Paul McBeth June 14 (BusinessDesk) - New Zealand shares rose with blue-chips including Auckland International Airport and Ebos Group hitting new highs as investors remain uncertain about whether US and Australian central banks will cut interest rates. Summerset group fell in unusually busy trading. The S&P/NZX Index increased 11.56 points, or 0.1 percent, to 10,235.37. Within the index, 20 stocks rose, 22 fell, and eight were unchanged. Turnover was $174.7 million, of which Summerset accounted for $54 million. Equity markets were...

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