Sharechat Logo

Market close: Shares trade lower

Friday 8th August 2008

Text too small?

The sharemarket fell slightly today with the NZSE50 down -0.62% to end the day at 3,357.

Shares of Telecom Corp, were down 7.61% after it said profit will decline as much as 30% this year, the second consecutive slide in earnings.

Contact Energy advanced 1.16% and Fletcher Building decreased 1.62%.

Retailers were mixed with Hallenstein Glasson slipping 1.75% but The Warehouse Group was up .88% and Pumpkin Patch was up 3.82%.

Rakon was up 5.96% but BLIS Technologies was down 7.1%.

Westpac Banking Corp, was up 3.48% today after saying its profit will rise this year, courtesy of the bank's decision to limit exposure to riskier credit instruments.

It was a great day for Plus SMS Holdings who jumped 33% and Pulse Utilities who increased 34%.

Things weren't quite so rosy for Propertyfinance group Ltd., the finance company that emerged from receivership in February. They had their stock suspended for failing to file an annual report.

The benchmark S&P/ASX-200 share index recovered early falls to end up 0.1% for the day, or 2.9 points, at 4986.2 points.

The Dow lost 224.64, or 1.93%, to 11,431.43. The Standard & Poor's 500 index shed 23.12, or 1.79%, to 1,266.07, and the NASDAQ fell 22.64, or 0.95%, to 2,355.73.

NZ Top 50 3,357.819 -21.070 (-0.62%)
ASX 200 4,986.200 +2.900 (+0.06%)
Dow 11,431.43 -224.64 (-1.93%)
Nasdaq 2,355.73 -22.64 (-0.95%)
FTSE 100 5,477.50 -8.60 (-0.16%)

 

  NZX TOP 50  
As at: 8/08/2008 5:34pm
CODE
LAST
+/-

AIA
1.97 -0.01

AIR
1.24 -0.02

AMP
8.30 0.00

ANZ
22.20 -0.55

APN
4.02 0.00

APT
1.11 -0.01

CAV
2.52 +0.02

CEN
8.70 +0.10

EBO
4.85 +0.05

FBU
6.69 -0.11

FPA
2.11 +0.08

FPH
2.91 +0.13

FRE
3.14 +0.01

GFF
1.88 +0.04

GMT
1.20 +0.01

GPG
1.55 +0.09

HLG
2.80 -0.05

IFT
2.20 +0.03

IMP
1.13 0.00

ING
0.79 -0.02

KIP
1.11 -0.02

LNN
10.86 -0.23

MFT
6.95 +0.05

MHI
0.82 0.00

MVN
1.68 0.00

NPX
6.04 +0.04

NZO
1.55 -0.02

NZR
6.70 -0.05

NZS
1.82 +0.01

NZX
7.72 0.00

PFI
1.17 +0.03

PGW
2.79 -0.01

POT
6.72 +0.13

PPL
1.63 +0.06

PRC
1.84 -0.01

RAK
3.02 +0.17

RYM
1.70 0.00

SAN
5.74 +0.14

SKC
3.70 +0.08

SKL
0.97 -0.01

SKT
4.74 0.00

STU
3.00 -0.16

TEL
3.40 -0.28

THL
1.39 0.00

TLS
5.78 +0.10

TPW
7.74 -0.16

TWR
2.16 +0.06

VCT
2.21 -0.05

WBC
30.00 +1.01

WHS
3.44 +0.03


 



 

 



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Greenfern Industries Limited (NZX: GFI) Releases Interim Results
Hallenstein Glasson Holdings Limited (NZX: HLG) Announcement of Final Dividend
26th November 2021 Morning Report
EROAD Limited (NZX: ERD) Accelerates Towards Next Phase of Growth
Green Cross Health Limited (NZX: GXH) REPORTS STRONG HALF YEAR PROFIT OF $9.7M
Stride Property Ltd & Stride Investment Management Ltd (NZ: SPG) Placement Size Increased Following Strong Demand
General Capital Limited (NZX: GEN) Announces Very Strong Growth
25th November 2021 Morning Report
Gentrack Group Limited (NZ: GTK) Annual Results for the Year Ended 30 September 2021
Pacific Edge Limited (NZX: PEB) Results for Six Months Ended 30 September 2021