MARKET CLOSE: NZ shares shrug off Middle East tensions; Infratil gains

MARKET CLOSE: NZ shares shrug off Middle East tensions; Infratil gains
Paul McBeth
New Zealand shares were one of the outliers across Asia, shrugging off heightened tensions in the Middle East and higher oil prices. Infratil rose on a sharp lift in the value of its data centre investment.The S&P/NZX 50 Index increased 34.18 points, or 0.3 percent, to 11,627.32. Within the index, 16 stocks rose, 24 fell, and 10 were unchanged. Turnover was $110.8 million, with trading relatively quiet in the first day back from the Christmas and New Year holiday period.Stocks across Asia were largely weaker as investors digested the height...

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