New Zealand shares closed marginally higher on Wednesday after a tech-led sell-off on Wall Street on Tuesday brought US indexes lower.

The S&P/NZX 50 Index edged up 0.3 points to close at 13,548.42.

On Tuesday, the S&P 500 closed 0.1% down, the Nasdaq slipped 0.2%, and the Dow Jones fell 0.2%

In global news, China is mandating that chipmakers source at least 50% of the equipment used for new capacity additions from domestic suppliers, as Beijing steps up efforts to build a self-sufficient semiconductor supply chain, Reuters reported on Wednesday, citing people familiar with the matter.

At home, the New Zealand stock exchange will be closed on Thursday for the New Year holiday.

In corporate news, Metro Performance Glass (NZE:MPG, ASX:MPP) said Amari Metals Australia has transferred its 501.7 million shares in the company to a newly formed company, Metro Glass Investment.

Enprise Group (NZE:ENS) raised NZ$778,175 via the issue of 1.7 million new shares.