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SCMP Reporter

New Zealand share prices closed little changed but well off their highs, with a central bank warning about monetary conditions reinforcing already cautious sentiment about prospects for domestic and overseas equities.

 Dealers said that news of the Vodafone purchase of New Zealand's BellSouth Network buoyed the market in early trade.

Close: 1,943.05 (- 0.65) Turnover: NZ$55.92 mln 



Buyers wary after warning