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Market close: Shares close flat

Thursday 21st August 2008

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The sharemarket remained virtually unchanged today with the NZSE50 up just 0.03 points to end the day at 3,332.

Top stock Telecom slipped 0.3%, while Contact Energy closed unchanged and Fletcher Building gained 1.9%.

Among retailers, Michael Hill rose 1.1% and The Warehouse Group advanced 1.2%. Hallenstein Glasson lost 0.4% and Pumpkin Patch closed unchanged.

Stocks on the rise included Botry-Zen up 33.33%, Postie Plus Group was up 5.41%, Pyne Gould Corporation 4.41%, Wellington Drive Technologies 2.94%. Auckland International Airport was up 1.5%, AMP NZ Office Trust, Port of Tauranga and Ebos Group 1.0% each,

Losers today included Viking Capital down 30%, L & M Petroleum 12.50%, ProvencoCadmus 5.26%, Tag Pacific 4.76% and Rakon fell 1.3%. SkyCity lost 1.7%, Guinness Peat Group plunged 2.0%, Freightways dropped 1.5%, Fisher & Paykel Healthcare shed 1.4%

Banks were down with ANZ losing 2.28% and WBC down 1.33%.

The nation's only oil refinery, New Zealand Refining Co, jumped 2.6% after it posted a 9.8% drop in first half profit as it was forced to pay more for electricity.

Mainfreight Group, was unchanged today after announcing a 41% gain in quarterly earnings as it won market share in New Zealand and benefited from growth in the US market.

The benchmark S&P/ASX200 index was down 54.3 points, or 1.1%, to 4875.2, while the broader All Ordinaries lost 47.9 points, or 0.96%, to 4949.6.

US stocks had a moderate gain overnight with the Dow Jones industrial average rising 68.88 points, or 0.61%, to 11,417.43.
The Standard & Poor's 500 index rose 7.85, or 0.62%, to 1,274.54, while the Nasdaq composite index rose 4.72, or 0.20%, to 2,389.08.

NZ Top 50 3,332.055 +0.030 (0.00%)
ASX 200 4,875.200 -54.300 (-1.10%)
Dow 11,417.43 +68.88 (+0.61%)
Nasdaq 2,389.08 +4.72 (+0.20%)
FTSE 100 5,371.80 +51.40 (+0.97%)


AIA 2.01 +0.03
AIR 1.25 -0.01
AMP 7.85 -0.10
ANZ 19.25 -0.45
APN 3.86 0.00
APT 1.06 +0.01
CAV 2.65 +0.05
CEN 8.60 0.00
EBO 4.85 +0.05
FBU 7.16 +0.13
FPA 1.87 -0.01
FPH 2.92 -0.04
FRE 3.25 -0.05
GFF 1.83 0.00
GMT 1.15 -0.01
GPG 1.50 -0.03
HLG 2.84 -0.01
IFT 2.22 0.00
IMP 1.09 +0.01
ING 0.80 +0.01
KIP 1.11 -0.01
LNN 10.60 0.00
MFT 7.12 0.00
MHI 0.91 +0.01
MVN 1.68 0.00
NPX 6.25 -0.01
NZO 1.46 +0.01
NZR 7.20 +0.20
NZS 1.60 0.00
NZX 7.60 -0.05
PFI 1.17 +0.01
PGW 2.94 -0.01
POT 7.05 +0.07
PPL 1.60 0.00
PRC 1.78 +0.01
RAK 3.02 -0.04
RYM 1.75 +0.02
SAN 6.00 0.00
SKC 3.44 -0.06
SKL 0.99 +0.02
SKT 4.93 0.00
STU 3.35 0.00
TEL 3.28 -0.01
THL 1.44 +0.03
TLS 5.28 0.00
TPW 7.96 +0.06
TWR 2.31 +0.01
VCT 2.28 0.00
WBC 26.80 -0.36
WHS 3.49 +0.04

 


 



 

 



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