New Zealand Stocks Inch Lower to Begin the Week
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New Zealand stocks opened lower on Monday, with the index around 13,689, continuing losses from the previous session due to declines in utilities, consumer services, and energy minerals. Investors are cautious ahead of key domestic data releases this week, including food inflation and business confidence. Attention is also on upcoming trade data from China. Notable early decliners include Serko Ltd. (-2.4%), Tourism Holdings (-1.6%), and Freightways (-1.2%).
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