UPDATE NZ shares fall 0.3 percent after trading resumes following glitch

UPDATE NZ shares fall 0.3 percent after trading resumes following glitch
July 1 (BusinessDesk) - The NZX 50 index fell 0.3 percent after trading on New Zealand’s stock market resumed after a three-hour outage over connectivity issues. The benchmark index dropped 14 points when markets reopened at 3pm in New Zealand, and was recently at 4413.521, down 0.6 percent on the day. The stock market operator will investigate the outage, and will report back to the Financial Markets Authority and market participants in due course, it said. The NZX experienced connectivity issues on a number of its systems around 12pm toda...