New Zealand Shares Flat; Air New Zealand Loses Top Spot as Most Widely Held Stock on Sharesies
() -- New Zealand shares ended flat on Tuesday as most Asian markets saw gains after the latest US inflation data lowered expectations of a Federal Reserve rate hike. The S&P/NZX 50 Index was little changed to close at 13,635.07. The US consumer price index declined 0.4% in June, its first monthly drop since May 2020 a