By NZPA
Friday 20th April 2007 |
Text too small? |
The benchmark NZSX-50 index was down 6.27 points to 4174.39 at 10.10am.
Top stock Telecom fell 3c, as it did yesterday, to $4.82, and number two stock Fletcher Building was down 4c to $11.45.
Only three other stocks in the top 50 moved more than two cents -- Sky TV was down 5c to $6.20, Freightways down 3c to $4.21 and Hellaby was up 3c to $4.04.
Life Pharmacies was down 2c to 83c after filing its takeover offer for Pharmacy Brands.
On Wall Street, the Dow Jones Industrial Average finished at a record high above 12,800 points for a second straight day as robust earnings news fuelled modest gains for blue chips.
Better-than-expected earnings from financial heavyweight Bank of America helped support the Dow, which managed a slight gain from a day earlier.
The benchmark Dow index rose 5.20 points to 12,809.04 at the closing bell, notching up a new high after closing at 12,803.84 a day earlier.
The other US share gauges failed to keep their heads above water, however.
The broad-market Standard and Poor's 500 index lost 1.73 points to a preliminary close of 1,470.77 and the tech-dominated Nasdaq composite index ended down 5.15 points at 2,505.35.
No comments yet
PHL - Change in director status
Rua receives bridging capital
Steel & Tube - FY24 Director Nomination Closing Date
September 20th Morning Report
AIA - announces opening of $200 million Retail Offer
PaySauce Senior Management changes
AIA - $1.2 billion Placement Fully Subscribed
HGH - Response to FMA proceedings
SUM - DRP Strike Price and AUD FX Rate for 2024 Interim Dividend
AIA - August 2024 Monthly traffic update