June 14 (Reuters) - New Zealand shares closed flat on
Monday, as gains in utility and financial stocks were offset by
weakness in the healthcare sector, with investors awaiting a
meeting of the U.S. Federal Reserve later this week for cues on
its monetary policy.
The benchmark S&P/NZX 50 index ticked up 0.09% to
finish the session at 12,562.17. Trading was thin as about 16.5
million shares changed hands, compared with the 30-day average
of 33.8 million shares.
Banking services provider Heartland Group was the
biggest gainer on the index, jumping over 6% to a more than
Meanwhile, medical device maker Fisher & Paykel Healthcare
Corp fell 2.6% to close at its lowest in over a week.
The Fed will start its two-day meeting from Tuesday, with
many investors expecting the U.S. central bank to repeat its
Markets in Australia were closed on Monday for a public
(Reporting by Soumyajit Saha in Bengaluru; Editing by Aditya