NZ Shares Close Slightly Higher
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New Zealand's S&P/NZX 50 index rose 0.1% to 13,425, with notable gains from Meridian Energy, A2 Milk, Delegat Group, Spark, and Ventia Group. However, these were nearly offset by losses from Third Age, Gentrack, Hallenstein Glasson, and Tourism Holdings. Traders anticipate key data releases, including Q3 GDP. New Zealand's annual food inflation eased to 4.4% in November, and the government's budget update showed a larger deficit, with no surplus expected in the next five years.
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