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Market close: Shares close higher

Wednesday 17th September 2008

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The sharemarket surged upwards today with the NZSE50 up 1.32% to end the day at 3,269.

The top three enjoyed a positive day with top stock Telecom rising 0.4%, Contact Energy increasing 0.7%, and Fletcher Building jumping 2.8%.

The retail sector wasn't quite so flash, with Michael Hill plunging 4.9%, Hallenstein Glassons lost 2.5%, and The Warehouse Group dropped 1.5%.

Pumpkin Patch, the children's clothing chain that has grown to 227 stores, posted a 27.5% drop in full-year profit on losses in the US and UK. The company lowered its final dividend. Shares in Pumpkin Patch fell 2.7% today.

Major gainers included BLIS Technologies up 11.11%, Kingfish up 5.15%, Air New Zealand up 4.81%, Restaurant Brands up 4.69%, Fisher & Paykel Healthcare up 4.55%, Freightways up 4.29%. Sky City increased 3.6%, and Sky Network Television was also up 2.7%.

Losers today included Richina Pacific down 9.09%, OceanaGold Corporation down 6.25%, Solution Dynamics down 4.76%, Skellerup Holdings down 4.04% and Mowbray Collectables down 3.85%.

The benchmark S&P/ASX200 index fell 28.6 points, or 0.6%, to 4722.2, while the broader All Ordinaries index was down 30.1 points, or 0.63%, to 4769.7.

The Dow Jones Industrial Average rallied 141.51 points, or 1.30%, to 11,059.02.
The tech-heavy Nasdaq composite climbed 27.99 points, or 1.28%, to 2,207.90 while the broad-market Standard & Poor's 500 index added 20.90 points, 1.75%, to close of 1,213.60.

NZ Top 50 3,269.930 +42.626 (+1.32%)
ASX 200 4,722.200 -28.600 (-0.60%)
Dow 11,059.02 +141.51 (+1.30%)
Nasdaq 2,207.90 +27.99 (+1.28%)
FTSE 100 5,083.40 -120.80 (-2.32%)

 

AIA 2.02 +0.02
AIR 1.04 -0.04
AMP 8.21 -0.94
ANZ 19.60 -0.74
APN 3.99 0.00
APT 1.07 -0.02
CAV 2.80 -0.16
CEN 8.70 -0.20
EBO 4.60 -0.15
FBU 7.07 -0.29
FPA 1.72 -0.05
FPH 3.08 -0.08
FRE 3.26 -0.09
GFF 1.72 -0.03
GMT 1.18 0.00
GPG 1.23 -0.04
HLG 2.86 -0.10
IFT 2.08 -0.07
IMP 1.15 +0.01
ING 0.70 -0.03
KIP 1.17 -0.01
LNN 10.90 0.00
MFT 6.90 -0.15
MHI 0.82 -0.04
MVN 1.63 -0.03
NPX 6.21 -0.18
NZO 1.45 -0.07
NZR 6.60 -0.06
NZS 1.47 -0.03
NZX 6.74 -0.10
PFI 1.16 0.00
PGW 2.25 -0.20
POT 6.75 -0.15
PPL 1.49 -0.03
PRC 1.63 -0.12
RAK 2.68 -0.07
RYM 1.78 -0.14
SAN 5.60 -0.25
SKC 3.57 -0.08
SKL 0.99 0.00
SKT 4.50 -0.07
STU 3.38 -0.13
TEL 2.80 -0.13
THL 1.30 -0.10
TLS 5.04 -0.14
TPW 8.20 -0.05
TWR 1.98 -0.12
VCT 2.19 -0.04
WBC 27.45 -0.68
WHS 3.25 -0.05


 


 



 

 



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