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Market close: Shares close slightly lower

Tuesday 12th August 2008

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The sharemarket fell slightly today with the NZSE50 down -0.49% to end the day at 3,354.

The day wasn't so flash for the top three, Telecom fell 0.9%, following a 1.2% loss on Monday. Fletcher Building lost 2.1% and Contact Energy dropped 1.6%.

In the retail space, Hallenstein Glasson dipped 0.4%, but The Warehouse Group increased 1.7%. Pumpkin Patch and Michael Hill closed unchanged.

Among major gainers, OceanaGold Corporation added 6.94%, Skellerup soared 4.3%, Vector and Tourism Holdings surged 3.6% each, Sky Network Television jumped 3.0%, and Cavalier gained 3.2%.

Other major losers included BLIS Technologies who dropped 18.46%, Dorchester Pacific decreased 11.11%, Plus SMS Holdings dipped 8.33%, Fisher & Paykel Appliances 1.9%, Fisher & Paykel Healthcare 2.0%, Freightways 1.9%, New Zealand Oil & Gas 2.0%, Pike River Coal 2.2% and SkyCity 2.1%.

APN News & Media, was up 1.49% today afer reporting its first-half profit fell 0.7% as a weakening New Zealand economy spurred advertisers to cut spending.

According to the Real Estate Institute, the median house price in Auckland fell to NZ$421,000 from NZ$435,000 in June. Property sales tumbled 42% from July 2007, to a “dismal” 1,411, the institute said in a statement.

In Australia, the benchmark S&P/ASX200 closed 27.5 points, or 0.6%, higher at 5053.6.

The Dow Jones industrial average rose 48.03, or 0.41% to 11,782.35. The Standard & Poor's 500 index rose nine, or 0.69% to 1,305.32, while the NASDAQ rose 25.85, or 1.07% to 2,439.9.

NZ Top 50 3,353.626 -16.560 (-0.49%)
ASX 200 5,053.600 +27.500 (+0.55%)
Dow 11,782.35 +48.03 (+0.41%)
Nasdaq 2,439.95 +25.85 (+1.07%)
FTSE 100 5,541.80 +64.30 (+1.17%)

 

NZX Top 50

As at: 12/08/2008 5:33pm
AIA 2.03 0.00
AIR 1.26 0.00
AMP 8.65 +0.08
ANZ 22.55 +0.34
APN 4.08 +0.06
APT 1.12 -0.01
CAV 2.60 +0.08
CEN 8.55 -0.14
EBO 4.80 -0.01
FBU 6.43 -0.14
FPA 2.12 -0.04
FPH 2.93 -0.06
FRE 3.15 -0.06
GFF 1.87 -0.04
GMT 1.17 -0.02
GPG 1.58 +0.02
HLG 2.87 -0.01
IFT 2.22 +0.02
IMP 1.15 +0.02
ING 0.81 +0.01
KIP 1.14 +0.01
LNN 11.12 +0.12
MFT 7.00 +0.06
MHI 0.85 0.00
MVN 1.70 0.00
NPX 6.22 +0.02
NZO 1.49 -0.03
NZR 6.80 +0.05
NZS 1.80 -0.02
NZX 7.70 +0.05
PFI 1.15 -0.02
PGW 2.76 -0.06
POT 6.75 +0.03
PPL 1.60 0.00
PRC 1.81 -0.04
RAK 3.05 +0.01
RYM 1.68 -0.02
SAN 6.15 +0.17
SKC 3.67 -0.08
SKL 0.97 +0.04
SKT 4.89 +0.14
STU 3.10 0.00
TEL 3.33 -0.03
THL 1.45 +0.05
TLS 5.64 -0.08
TPW 7.81 +0.03
TWR 2.19 -0.01
VCT 2.30 +0.08
WBC 31.00 +0.30
WHS 3.50 +0.06


 



 

 



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