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Market close: Shares close higher

Wednesday 24th September 2008

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The sharemarket rose slightly today with the NZSE50 up 0.98% to end the day at 3,259.

Top stock Telecom climbed 1.4% and Fletcher Building increased 1.2%, but second-ranked Contact Energy lost 1.2%.

The retail sector was positive with Michael Hill jumping 8.0%, Hallenstein Glasson surging 3.3%, Pumpkin Patch climbing 1.5%, and the Warehouse Group rising 1.0%.

Other major gainers included Goodman Fielder up 7.56%, Telstra Corporation up 6.85%, ProvencoCadmus up 6.67%, Briscoe Group up 5.75%, Turners Auctions up 4.29%, SkyCity 2.0%, Air New Zealand 1.9%, and Guinness Peat Group 4.1%.

Among major losers, Heritage Gold was down 14.81%, Methven down 6.45%, L & M Petroleum down 5%, Hellaby Holdings down 3.90%, Renaissance Corporation down 3.57%, Fisher & Paykel Appliances lost 1.2%, Rakon gave away 1.6%, and Steel & Tube Holdings tumbled 2.6%.

Lombard Group, whose main operating unit was put in receivership by its trustee, is today considering whether to de-list from the NZX or be sold. Shares of Lombard last traded at three cents on Sept. 12 and have declined 96% this year.

Austral Pacific, an oil and gas explorer whose shares have tumbled 72% this year, will consider asset sales, mergers or new capital raising as part of a strategic review. Austral Pacific shares were down 19.51% today.

Australia's benchmark S&P/ASX200 index had risen 58.4 points, or 1.2%, to 4981.9, while the broader All Ordinaries lifted 50.5 points, or 1%, to 5008.2.

The Dow Jones Industrial Average closed down 161.52 points, or 1.47%, to 10,854.17.
The tech-heavy Nasdaq composite slumped 25.64 points, or 1.18%, to 2,153.34 and the broad-market Standard & Poor's 500 index lost 18.87 points, or 1.56%, to a close of 1,188.22.

NZ Top 50 3,259.679 +31.490 (+0.98%)
ASX 200 4,981.900 +58.400 (+1.19%)
Dow 10,854.17 -161.52 (-1.47%)
Nasdaq 2,153.33 -25.65 (-1.18%)
FTSE 100 5,136.12 -100.14 (-1.91%)

 

AIA 2.08 +0.03
AIR 1.05 +0.02
AMP 8.75 +0.05
ANZ 22.38 +0.10
APN 3.85 0.00
APT 1.11 -0.03
CAV 2.77 +0.01
CEN 8.55 -0.05
EBO 4.41 -0.01
FBU 7.39 +0.09
FPA 1.69 -0.01
FPH 3.04 +0.03
FRE 3.39 +0.03
GFF 1.73 +0.01
GMT 1.22 +0.01
GPG 1.27 +0.05
HLG 2.70 0.00
IFT 2.06 -0.01
IMP 1.12 +0.02
ING 0.72 0.00
KIP 1.18 -0.04
LNN 10.50 0.00
MFT 6.80 0.00
MHI 0.76 +0.01
MVN 1.45 -0.10
NPX 6.15 -0.07
NZO 1.39 -0.01
NZR 6.64 +0.14
NZS 1.35 +0.02
NZX 6.50 +0.05
PFI 1.13 -0.02
PGW 2.10 0.00
POT 6.50 0.00
PPL 1.37 +0.01
PRC 1.52 0.00
RAK 2.48 -0.01
RYM 1.70 +0.01
SAN 5.80 +0.17
SKC 3.61 +0.06
SKL 0.90 +0.03
SKT 4.51 +0.01
STU 3.08 -0.04
TEL 2.85 +0.05
THL 1.30 0.00
TLS 5.25 +0.29
TPW 8.00 0.00
TWR 1.82 0.00
VCT 2.19 0.00
WBC 30.06 +0.56
WHS 3.17 +0.03


 

 


 



 

 



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