Thursday 14th August 2008
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The sharemarket fell slightly today with the NZSE50 down -0.34% to end the day at 3,333.
Top stock Telecom fell 2.96%, Contact Energy was up .59% and Fletcher Building was up 2.43%.
Among the gainers Xero was up 10%, Wellington Drive Technologies up 8.82%, Pulse Utilities up 6.38%, Pike River Coal up 5.81%.
Losers for the day included, Botry-Zen down 46.67%, Heritage Gold lost 10%, Goodman Fielder down 3.26%.
Among the retailers, The Warehouse dipped 1.13%, Pumpkin Patch lost 1.25%, Hallensteins was unchanged. Michael Hill was up 1.16%.
Banks were down, ANZ slipped 1.03% and Westpac Banking dipped 2.50%.
Steel & Tube Holdings, remained unchanged after it posted a 19% decline in full-year profit as a slowing economy made it harder to pass on cost increases.
New Zealand Farming Systems Uruguay, the company set up by PGG Wrightson to manage dairy farms in South America, also remained unchanged after it posted a full-year loss after paying a performance fee.
The benchmark S&P/ASX200 ended the day 29.5 points, or 0.6% higher for the day, at 4981.1 after earlier being as much as 2.3% higher as bank stocks held back advances made by miners.
The Dow Jones industrial average lost 109.51 points, or 0.94% to 11,533. The broader Standard & Poor's 500 index slid 3.76 points, or 0.29% to 1,285.83, while the NASDAQ declined 1.99 points, or 0.08%, to 2,428.62.
|NZ Top 50||3,333.900||-11.335 (-0.34%)|
|ASX 200||4,981.10||+29.500 (+0.60%)|
|FTSE 100||5,448.60||-85.90 (-1.55%)|
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