Market close: Shares close slightly higher

Tuesday 2nd September 2008

The sharemarket rose slightly today with the NZSE50 up 0.28% to end the day at 3,367.

Top stock Telecom gained 1.6%, while number two, Contact Energy and the third ranking Fletcher Building advanced 0.4% each.

The retail sector was mixed, The Warehouse Group rose 0.9%, Hallenstein Glasson and Pumpkin Patch closed unchanged, while Michel Hill gave back 1.2%.

Other major gainers included Dorchester Pacific up 10%, Hellaby Holdings up 5.64%, AMP 4.4%, Fisher & Paykel Appliances 1.8% and Fisher & Paykel Healthcare 1.3%,

Banks had a positive day, with ANZ up 2.8% and Westpac up 3.0%.

Top losers today included, Dominion Finance down 20%, Widespread Portfolios down 11%, Pan Pacific Petroleum down 6.67%, Charlie's Group down 2.99% and Sky City Entertainment down 2.96%.

NZX was down .73% after reporting that stock trading declined last month and the benchmark NZX 50 Index shrank 21%, according to the bourse's monthly survey.

Austral Pacific Energy, which owns 69.5% of the Cheal oil field onshore in the Taranaki region,was down 9.09% after saying it began production from its Cheal A7 well.

The benchmark S&P/ASX200 fell 2.3 points, or 0.04%, to 5116, while the broader All Ordinaries fell 5 points, or 0.1%, to 5195.

NZ Top 50	3,367.253	+9.549 (+0.28%)
ASX 200	5,116.000	-2.300 (-0.04%)
Dow	11,543.55	-171.63 (-1.47%)
Nasdaq	2,367.52	0.00 (0.00%)
FTSE 100	5,613.50	+10.70 (+0.19%)

AIA	2.09	-0.02
AIR	1.14	+0.02
AMP	9.10	+0.38
ANZ	20.82	+0.57
APN	4.02	-0.03
APT	1.06	+0.01
CAV	2.90	0.00
CEN	8.39	+0.03
EBO	4.95	0.00
FBU	7.23	+0.03
FPA	1.80	+0.03
FPH	3.20	+0.04
FRE	3.43	+0.03
GFF	1.85	0.00
GMT	1.15	+0.01
GPG	1.40	+0.01
HLG	2.95	0.00
IFT	2.31	-0.02
IMP	1.09	+0.01
ING	0.75	0.00
KIP	1.11	+0.02
LNN	10.85	-0.05
MFT	7.08	+0.03
MHI	0.83	-0.01
MVN	1.69	+0.03
NPX	6.39	-0.01
NZO	1.56	-0.04
NZR	7.50	-0.09
NZS	1.56	-0.03
NZX	6.80	-0.05
PFI	1.13	0.00
PGW	2.75	+0.02
POT	7.10	0.00
PPL	1.59	0.00
PRC	1.97	+0.02
RAK	2.94	+0.03
RYM	1.67	-0.03
SAN	6.00	0.00
SKC	3.61	-0.11
SKL	0.95	+0.01
SKT	4.89	-0.04
STU	3.52	0.00
TEL	3.28	+0.05
THL	1.45	-0.04
TLS	5.37	+0.07
TPW	7.93	+0.03
TWR	2.18	-0.04
VCT	2.28	+0.01
WBC	29.60	+0.85
WHS	3.40	+0.03

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