New Zealand shares close higher

New Zealand share prices closed 0.32 percent higher on Monday in trade disrupted by technical problems, dealers said. The benchmark NZSX-50 gross index rose 10.02 points to 3,089.23 on turnover of 94.1 million dollars (66.6 million US). Of 151 stocks traded, 65 rose and 33 fell. Trading was delayed until after noon due to telecommunications problems, leading to a quiet session, Hamilton Hindin Greene broker Grant Williamson said.
"It's been a shocker of a day. Brokers will not be happy," Williamson said, adding the closure of the Australian market for a holiday had added to the lack of strong direction.