NZ shares edge up from two-month low

NZ shares edge up from two-month low
Dan Brunskill
New Zealand’s benchmark equity index crept higher as it moved on from a near two-month low on Friday after inflation fears weighed down the market. The S&P/NZX 50 Index rose 18.56 points, or 0.2%, to 12,386.42. Within the index, 32 stocks rose and 18 rose.A positive trading session in the United States over the weekend, where the S&P 500 rose 1.5%, gave the local market a positive lead this morning.  “Last week proved to be a rollercoaster ride for financial markets,” said BNZ interest rate strategist, Jason...