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Friday, November 30, 2007

New Zealand Stocks Trade Weak []

New Zealand Stocks Trade Weak []
Friday, stocks in New Zealand opened lower and were trading in the red despite a positive overnight Wall Street lead. The benchmark NZX 50 Index was losing 15.88 points or 0.39% to 4,050.65, while the NZX All Capital Index was declining 14.95 points or 0.36% to 4,109.56.

Sterling Falls Versus Dollar And Euro As Consumer Confidence Wains [GBP/USD]
The pound sunk against the dollar and the euro in Friday trading amidst news of a drop in British consumer confidence.

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