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NZ shares edge up in light trading, led by Air NZ, Fletcher

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New Zealand shares barely moved in quiet trading, with Air New Zealand and Fletcher Building leading gains while Xero declined.

The S&P/NZX 50 index rose 7.34 points, or 0.1 per cent, to 7,440.08. Within the index, 21 stocks rose, 21 fell and eight were unchanged.

Turnover was $131.1 million (£103.43 million).

Trading was quiet for a second day, having been muted when much of Australia was closed for a public holiday yesterday.

Important:

This article is for information purposes only.

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

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