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Market close: Shares close higher

Monday 22nd September 2008

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The sharemarket surged upwards today with the NZSE50 up 2.15% to end the day at 3,255.

Top stock Telecom gained 3.7%, Fletcher Building increased 4.9%, and Contact Energy was up 1.5%.

The retail sector was mixed with The Warehouse Group rising 1.0% and Pumpkin Patch advanced 1.4%. But Hallenstein Glasson fell 1.1% and Michael Hill closed unchanged.

Todays biggest gains were Postie Plus Group up 16.67%, Botry-Zen up 15%, L & M Petroleum up 11.11%, AMP up 10.96%, OceanaGold up 10%, Pan Pacific Petroleum up 8% and Sky Network Television jumped 3.6%.

Shares to decline today were Investment Research Group down 28.57%, ProvencoCadmus down 11.76%, BLIS Technologies down 9.09%, Austral Pacific Energy down 7.89% and Sealegs Corporation down 2.63%.

Banks had a stella day with ANZ surging 8.3% and Westpac gaining 4.8%.

Dorchester Finance, a unit of Dorchester Pacific, announced it has suspended interest payments after agreeing to changes to its plans to defer repayments. Dorchester Pacific closed down 25% today.

The benchmark S&P/ASX200 rose 216.4 points, or 4.5%, to close at 5020.5 points, while the broader All Ordinaries gained 209.4 points, or 4.3%, to 5050.1.

The Dow rose 368.75, or 3.35%, to 11,388.44.
The S&P 500 index rose 48.57, or 4.03%, to 1,255.08, and the Nasdaq composite index rose 74.80, or 3.40%, to 2,273.90.

NZ Top 50 3,255.715 +68.587 (+2.15%)
ASX 200 5,020.500 +216.400 (+4.50%)
Dow 11,388.44 +368.75 (+3.35%)
Nasdaq 2,273.90 +74.80 (+3.40%)
FTSE 100 5,311.30 +431.30 (+8.84%)

 

AIA 2.06 +0.04
AIR 1.08 +0.02
AMP 9.00 +0.89
ANZ 22.75 +1.75
APN 3.85 0.00
APT 1.13 +0.03
CAV 2.73 +0.08
CEN 8.70 +0.13
EBO 4.45 +0.10
FBU 7.32 +0.34
FPA 1.71 -0.01
FPH 3.09 -0.07
FRE 3.40 +0.06
GFF 1.77 +0.06
GMT 1.21 +0.03
GPG 1.25 +0.02
HLG 2.62 -0.03
IFT 2.11 -0.04
IMP 1.12 0.00
ING 0.70 +0.02
KIP 1.20 0.00
LNN 10.46 -0.10
MFT 6.85 +0.07
MHI 0.75 0.00
MVN 1.55 +0.05
NPX 6.37 +0.12
NZO 1.41 +0.09
NZR 6.45 -0.05
NZS 1.35 -0.05
NZX 6.45 +0.07
PFI 1.14 0.00
PGW 2.18 +0.08
POT 6.50 +0.06
PPL 1.42 +0.02
PRC 1.57 +0.05
RAK 2.50 +0.04
RYM 1.64 +0.03
SAN 5.63 +0.13
SKC 3.53 -0.02
SKL 0.85 -0.01
SKT 4.64 +0.16
STU 3.20 +0.22
TEL 2.82 +0.10
THL 1.30 0.00
TLS 5.01 +0.16
TPW 8.10 +0.08
TWR 1.84 0.00
VCT 2.20 +0.06
WBC 29.50 +1.35
WHS 3.15 +0.03

 

 

 


 



 

 



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