Thursday 28th August 2008
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The sharemarket rose slightly today with the NZSE50 up 0.19% to end the day at 3,324.
Top stock Telecom advanced 0.6% and second-ranked Contact Energy lost 0.5%. Number three, Fletcher Building, added 0.4%.
In the retail sector, Hallenstein Glasson jumped 1.8% and Pumpkin Patch increased
5.8%. Not so good for Michel Hill who dropped 1.1% and The Warehouse Group dipped
Among other major gainers, Xero was up 10%, Delegat's Group surged 5.38%, AMP jumped 3.8%, Fisher & Paykel Healthcare increased 1.7%, Auckland International Airport rose 1.5%, Pike River Coal jumped 2.2% and SkyCity Entertainment was up 3.5%.
Losers included Dominion Finance down 16.67%, L & M Petroleum down 5.88%,
Heritage Gold down 3.85%, Rakon dipped 2.1%, NZX lost 2.3%, Guinness Peat Group
gave back 2.8% and Goodman Fielder and Fisher & Paykel Appliances lost 1.7%
Things were more positive among the banks, Westpac Banking Group moved up 3.6% and ANZ increased .26%.
Lyttelton Port remained unchanged today after it announced an increase to its full-year profit by 7.3% on record volumes of cargo.
ProvencoCadmus, dipped 5.26%, after posting a full-year loss and saying it is considering assets sales to shore up its capital.
Nuplex Industries, was up 1.59% on posting an 84% gain in full-year earnings after it closed unprofitable plants and lifted sales.
The benchmark S&P/ASX200 index rose 55.3 points, or 1.1%, to 5066.5, led
by gains among miners and some financial stocks.
|NZ Top 50||3,324.796||+6.273 (+0.19%)|
|ASX 200||5,066.500||+55.30 (+1.10%)|
|FTSE 100||5,528.10||+57.40 (+1.05%)|
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