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Market Close: Positive day on markets

Wednesday 23rd July 2008

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The sharemarket surged upwards today with the NZSE50 up 1.84% to end the day at 3,201 following a decline in oil prices and a positive lead from Wall St.

Today's increases saw top stock Telecom surge 2.9%, while Contact Energy and Fletcher Building each added 0.6%.

In the retail sector Hallenstein Glasson surged 7.3%, Michael Hill rose 2.6% and The Warehouse Group edged up 0.3%. Pumpkin Patch closed unchanged.

Other major gainers included Air New Zealand 7.0%, AMP 3.5%, Lion Nathan 4.2%, Port of Tauranga 3.2%, SkyCity 2.7%, Skellerup 3.7%

Banks were stronger today with ANZ up 3.6% and Westpac Banking up 6.5%.

Fisher & Paykel Healthcare also gained 4.7%, Guiness Peat Group was up 2.3%, and Infratil and PGG Wrightson increased 2.0% each.

On the flip side, Goodman Fielder fell 1.8%, ING Property Trust dipped 1.2% and New Zealand Oil & Gas dropped 1.3%.

The benchmark S&P/ASX200 index gained 99.7 points to close at 5105.3, with the four big banks all closing higher.

The Dow rose 135.16, or 1.18%, to 11,602.50 and the Standard & Poor's 500 index jumped 17, or 1.35%, to 1,277.00.

NZ Top 50 3,201.650 +57.738 (+1.84%)
ASX 200 5,105.300 +99.700 (+1.99%)
Dow 11,602.50 +135.16 (+1.18%)
Nasdaq 2,303.96 +24.43 (+1.07%)
FTSE 100 5,364.10 -40.20 (-0.74%)


  NZX TOP 50  
As at: 23/07/2008 5:34pm
CODE
LAST
+/-

AIA
1.81 +0.03

AIR
1.23 +0.08

AMP
8.61 +0.29

ANZ
24.20 +0.84

APN
4.17 0.00

APT
1.09 +0.01

CAV
2.15 +0.04

CEN
8.14 +0.05

EBO
4.40 0.00

FBU
6.55 +0.04

FPA
2.00 +0.03

FPH
2.46 +0.11

FRE
2.97 +0.02

GFF
1.66 -0.03

GMT
1.15 +0.02

GPG
1.36 +0.03

HLG
2.95 +0.20

IFT
2.00 +0.04

IMP
1.11 +0.02

ING
0.82 -0.01

KIP
1.15 +0.02

LNN
11.30 +0.46

MFT
6.40 0.00

MHI
0.78 +0.02

MVN
1.55 -0.03

NPX
5.35 +0.10

NZO
1.54 -0.02

NZR
6.70 -0.03

NZS
1.75 +0.03

NZX
7.00 +0.05

PFI
1.15 -0.02

PGW
2.50 +0.05

POT
6.50 +0.20

PPL
1.42 0.00

PRC
2.08 +0.02

RAK
2.59 +0.02

RYM
1.59 0.00

SAN
5.20 +0.19

SKC
3.10 +0.08

SKL
0.85 +0.03

SKT
4.45 +0.16

STU
2.60 0.00

TEL
3.50 +0.10

THL
1.34 0.00

TLS
5.68 +0.08

TPW
7.54 +0.04

TWR
2.08 +0.04

VCT
2.07 +0.02

WBC
28.00 +1.70

WHS
3.90 +0.01

 



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