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Market close: Shares close slightly higher

Monday 1st September 2008

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The sharemarket rose slightly today with the NZSE50 up 0.13% to end the day at 3,357.

Top stock Telecom closed down 1.2% after going ex-dividend today. Fletcher Building finished down 3.7% and Contact Energy closed flat.

In the retail sector, Hallenstein Glasson added 1.7% and The Warehouse Group increased 0.6%, while Pumpkin Patch and Michael Hill closed unchanged.

Other major gainers included Pacific Brands 11.3%, Dorchester Pacific up 11.11%, L & M Petroleum up 5.56%, Skellerup 4.4%, Cavalier 3.2%, Pike River Coal 3.2%, Rakon 3.93% and SkyCity Entertainment 3.3%.

On the downwards decline, BLIS Technologies 18.75%, Plus SMS down 10%, Wellington Drive Technologies down 9.09%, Vector 2.2%, and Air New Zealand 2.6%.

Northland Port which owns a half stake in the port facilities at Marsden Point near Whangarei, was up 4.23% today after reporting a 7.7% gain in full-year profit after an asset sale.

Dominion Finance Holdings, whose shares have lost almost 100% of their value, increased its provision for bad debts to NZ$80 million and will write off NZ$26.6 million of goodwill after failing to win support to recapitalise the business. Their shares closed unchanged today at 2.5 cents.

After four positive days, the benchmark S&P/ASX200 index was down 17.3 points, or 0.34%, to 5118.3. The broader All Ordinaries fell 15.5 points, or 0.3%, to 5200.

The Dow closed down 1.5% at 11,544, the Nasdaq lost 1.8% to 2,367and the broader S&P 500 dropped 1.4% to finish at 1,282.

NZ Top 50 3,357.704 +4.461 (+0.13%)
ASX 200 5,118.300 -17.300 (-0.34%)
Dow 11,543.55 -171.63 (-1.47%)
Nasdaq 2,367.52 -44.12 (-1.83%)
FTSE 100 5,636.60 +35.40 (+0.63%)

 

AIA 2.11 -0.01
AIR 1.12 -0.03
AMP 8.72 +0.22
ANZ 20.25 -0.05
APN 4.05 0.00
APT 1.05 +0.01
CAV 2.90 +0.09
CEN 8.36 0.00
EBO 4.95 0.00
FBU 7.20 -0.28
FPA 1.77 +0.01
FPH 3.16 +0.01
FRE 3.40 +0.04
GFF 1.85 +0.05
GMT 1.14 +0.01
GPG 1.39 -0.02
HLG 2.95 +0.05
IFT 2.33 +0.03
IMP 1.08 -0.01
ING 0.75 -0.01
KIP 1.09 -0.02
LNN 10.90 +0.31
MFT 7.05 -0.02
MHI 0.84 0.00
MVN 1.66 0.00
NPX 6.40 0.00
NZO 1.60 +0.02
NZR 7.59 +0.19
NZS 1.59 0.00
NZX 6.85 -0.02
PFI 1.13 +0.01
PGW 2.73 -0.01
POT 7.10 +0.08
PPL 1.59 0.00
PRC 1.95 +0.06
RAK 2.91 +0.11
RYM 1.70 -0.02
SAN 6.00 +0.08
SKC 3.72 +0.12
SKL 0.94 +0.04
SKT 4.93 +0.08
STU 3.52 +0.04
TEL 3.23 +0.04
THL 1.49 -0.02
TLS 5.30 -0.02
TPW 7.90 -0.01
TWR 2.22 +0.01
VCT 2.27 -0.05
WBC 28.75 -0.16
WHS 3.37 +0.02


 


 



 

 



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