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MARKET CLOSE NZ shares edge up; Ebos, Ryman gain, Telecom falls

New Zealand shares edged up, paced by Ebos Group, while Ryman Healthcare closed at a new record and Telecom fell. Trading was relatively light as investors look ahead to earnings season. The NZX 50 Index rose 3.287 points, or 0.1 percent, to 4560.054. Within the index, 27 stocks rose, 16 fell and seven were unchanged. Turnover was $120 million. Ebos, …

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NZ manufacturing growth slows in June from 9-year high, still hearty

New Zealand manufacturing activity remained in hearty expansion mode last month, while slowing from a nine-year high in May, with new orders and production driving growth. The BNZ-BusinessNZ performance of manufacturing index fell 4.3 points to 54.7 in June, the highest result for a June month since 2004. A reading above 50 indicates the sector expanded, while one below shows …

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