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Market close: Shares fall slightly

Wednesday 27th August 2008

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The sharemarket fell slightly today with the NZSE50 down -0.07% to end the day at 3,318.

Top stock Telecom dropped 1.8% and Fletcher Building lost 0.7%. Contact Energy was down 0.1% after announcing they will have a second power project fast-tracked after the government said it will call in its 540 megawatt Hauauru ma raki wind farm near Raglan.

The retail sector was mixed with Hallenstein Glasson up 1.8%, Michael Hill dropping 4.3% and The Warehouse Group losing 0.9%. Pumpkin Patch closed unchanged.

Among other major gainers, Goodman Fielder jumped 5.9%, New Zealand Oil & Gas increased 5.2%, Pike River Coal advanced 2.8% and Steel & Tube Holding gained 2.2%.

Losers included Geneva Finance down 55.56%, OceanaGold Corporation down 6.10%, and Wellington Drive Technologies down 2.94%.

ING Medical Properties Trust, the investment company that changed its name from Calan Healthcare, was up 3.67% afer announcing operating profit rose 8.4% on increased rental income.

The investment company chaired by Ron Brierley, Guinness Peat Group, was down 3.38%, after it had a first-half loss after writing down the value of its stock holdings.

The Australian share market was little changed today with the benchmark S&P/ASX200 index ending the day 3.7 points, or 0.1%, higher at 5011.2.

The Dow Jones Industrial Average gained 26.62 points, or .23 %, to 11,412.87 and the Nasdaq dropped 3.62 points, or .15%, to 2,361.97.

NZ Top 50 3,318.523 -2.481 (-0.07%)
ASX 200 5,011.200 +3.700 (+0.07%)
Dow 11,412.87 +26.62 (+0.23%)
Nasdaq 2,361.97 -3.62 (-0.15%)
FTSE 100 5,470.70 -34.90 (-0.63%)

 

AIA 2.03 +0.02
AIR 1.19 -0.01
AMP 7.90 -0.13
ANZ 19.60 -0.39
APN 3.86 0.00
APT 1.06 +0.01
CAV 2.75 +0.03
CEN 8.39 -0.01
EBO 4.91 -0.04
FBU 7.27 -0.05
FPA 1.79 -0.01
FPH 3.00 +0.02
FRE 3.35 -0.03
GFF 1.79 +0.10
GMT 1.16 0.00
GPG 1.43 -0.05
HLG 2.85 +0.05
IFT 2.19 +0.03
IMP 1.13 +0.04
ING 0.79 +0.02
KIP 1.14 +0.02
LNN 11.05 0.00
MFT 7.25 +0.07
MHI 0.89 -0.04
MVN 1.69 0.00
NPX 6.30 +0.05
NZO 1.62 +0.08
NZR 7.13 +0.08
NZS 1.60 +0.01
NZX 7.40 -0.03
PFI 1.17 0.00
PGW 2.75 0.00
POT 7.15 -0.06
PPL 1.55 0.00
PRC 1.85 +0.05
RAK 2.93 0.00
RYM 1.77 0.00
SAN 6.05 +0.13
SKC 3.44 +0.03
SKL 0.89 -0.01
SKT 4.73 0.00
STU 3.33 +0.07
TEL 3.24 -0.06
THL 1.45 0.00
TLS 5.40 +0.10
TPW 7.86 +0.01
TWR 2.25 +0.02
VCT 2.36 +0.06
WBC 27.50 -0.40
WHS 3.35 -0.03


 


 



 

 



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