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Market close: Shares close higher

Monday 25th August 2008

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The sharemarket rose slightly today with the NZSE50 up 0.46% to end the day at 3,326.

Top stock Telecom surged 4.0% and Fletcher Building rose 1.5%. Contact Energy fell 1.3% ahead of its financial results on Tuesday.

Retailers closed mixed. Pumpkin Patch was up 3.2% and Hallenstein Glasson increased 0.7%, while The Warehouse Group dipped 2.9% and Michael Hill lost 1.0%.

Among other major gainers, Plus SMS Holdings rose 7.14%, AMP rose 1.9%, ING Medical Properties Trust advanced 1.8%, and Lion Nathan was up 4.7%.

Taking their lead from offshore, banks had a strong day with Westpac Banking Group gaining 4.5% and ANZ up 1.40%.

Top losers included, Dominion Finance down 37.50%, Charlie's Group 3.85%, Steel & Tube Holdings 3.0%, Sky Network Television 2.0%, Guinness Peat Group 3.4% and Fisher & Paykel Healthcare 2.3%.

Our biggest casino operator, Sky City Entertainment Group, was down .29% today, after posting a 49% drop in full-year profit after writing down the value of its cinemas.

Taylors Group, the laundry company controlled by Australia's Spotless Group, was up 4.62%, after announcing a 35% decline in profit on costs to finance more efficient equipment. Sales rose 3.2% to NZ$68.8 million

The benchmark S&P/ASX200 index closed up 83.5 points, or 1.7%, at 5014.9, pushed along by strong mining and financial sectors.

The Dow Jones Industrial Average surged 197.85 points, or 1.73% to a close of 11,628.06, while the tech-heavy Nasdaq composite gained 34.33 points, or 1.44% to 2,414.71.
The broad-market Standard & Poor's 500 index advanced 14.48 points, or 1.13% to finish at 1,292.20.

NZ Top 50 3,326.917 +15.307 (+0.46%)
ASX 200 5,014.900 +83.500 (+1.69%)
Dow 11,628.06 +197.85 (+1.73%)
Nasdaq 2,414.71 +34.33 (+1.44%)
FTSE 100 5,505.60 +135.40 (+2.52%)


AIA 2.01 0.00
AIR 1.22 -0.01
AMP 7.90 +0.15
ANZ 19.52 +0.27
APN 3.86 0.00
APT 1.05 0.00
CAV 2.70 +0.03
CEN 8.31 -0.11
EBO 4.95 -0.05
FBU 7.31 +0.11
FPA 1.80 -0.02
FPH 2.98 -0.07
FRE 3.35 +0.05
GFF 1.76 -0.07
GMT 1.15 +0.02
GPG 1.44 -0.05
HLG 2.85 +0.02
IFT 2.16 +0.02
IMP 1.12 +0.02
ING 0.76 -0.01
KIP 1.11 +0.01
LNN 11.05 +0.50
MFT 7.20 +0.10
MHI 0.94 -0.01
MVN 1.69 +0.03
NPX 6.25 0.00
NZO 1.50 -0.01
NZR 7.10 0.00
NZS 1.60 +0.02
NZX 7.58 -0.02
PFI 1.16 -0.01
PGW 2.78 -0.04
POT 7.20 +0.10
PPL 1.61 +0.05
PRC 1.80 0.00
RAK 3.03 -0.01
RYM 1.78 +0.03
SAN 5.91 +0.06
SKC 3.42 -0.01
SKL 0.97 0.00
SKT 4.80 -0.10
STU 3.25 -0.10
TEL 3.36 +0.13
THL 1.45 +0.05
TLS 5.40 +0.12
TPW 7.85 +0.05
TWR 2.27 -0.04
VCT 2.32 +0.04
WBC 27.95 +1.19
WHS 3.35 -0.10

 

 


 



 

 



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