Wednesday 2nd July 2008 |
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The trend continued downwards today as the market extended its losses for the fourth consecutive trading session.
The sharemarket fell slightly today with the NZSE50 down -0.37% percent from previous close, to end the day at 3,163.
The most actively traded stock was Telecom, with over 6.4 million shares changing hands, closing the day down 1.74% from its opening to end at $3.39 and Contact Energy plunged 3.1% to $7.88, but Fletcher Building gained 0.8% to $6.32.
In the retail space, Hallenstein Glasson jumped 3.2% to $2.61, Michael Hill surged 4.2% to 75c and Pumpkin Patch advanced 2.1% to $1.43. Hellaby Holdings lost 2.4% to $1.60 and The Warehouse Group shed 0.5% to $3.90.
The star of the day was Dorchester Pacific, up 64% to end at 22c, who announced
that they expect to make full repayment to debenture and note holders under
a deferred payment plan.
The Australian stock market closed at its lowest in more than three months after
falls in the resource sector and big retailers. At the close, the benchmark
S&P/ASX200 index was 44.1 points, or 0.86%, lower at 5094.8, while the broader
All Ordinaries lost 49.5 points, or 0.94%, to 5211.6.
Wall Street finished moderately higher Tuesday on the back of a better than
expected report on manufacturing along with some positive data within the automotive
sector. The Dow Jones industrial average rose 32.25 points, or 0.28%, to 11,382.26.
The Standard & Poor's 500 Index gained 4.91 points, or 0.38%, to 1,284.91.
The Nasdaq Composite Index advanced 11.99 points, or 0.52%, to 2,304.97.
NZ Top 50 | 3,163.386 | -11.888 (-0.37%) |
ASX 200 | 5,094.800 | -44.100 (-0.86%) |
Dow | 11,382.26 | +32.25 (+0.28%) |
Nasdaq | 2,304.97 | +11.99 (+0.52%) |
FTSE 100 | 5,479.90 | -146.00 (-2.60%) |
NZX TOP 50 |
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As at:
2/07/2008 5:34pm
|
|||
CODE |
LAST |
+/- |
|
AIA | 1.95 | +0.01 |
|
AIR | 1.11 | +0.03 |
|
AMP | 8.32 | +0.02 |
|
ANZ | 23.24 | +0.60 |
|
APN | 3.90 | 0.00 |
|
APT | 1.15 | -0.01 |
|
CAV | 2.30 | -0.02 |
|
CEN | 7.88 | -0.25 |
|
EBO | 4.24 | -0.11 |
|
FBU | 6.32 | +0.05 |
|
FPA | 1.94 | 0.00 |
|
FPH | 2.35 | -0.02 |
|
FRE | 2.95 | +0.01 |
|
GFF | 1.75 | -0.03 |
|
GMT | 1.21 | +0.01 |
|
GPG | 1.39 | +0.02 |
|
HLG | 2.61 | +0.08 |
|
IFT | 1.86 | -0.01 |
|
IMP | 1.12 | +0.02 |
|
ING | 0.89 | -0.01 |
|
KIP | 1.18 | -0.01 |
|
LNN | 10.56 | +0.06 |
|
MFT | 6.35 | +0.05 |
|
MHI | 0.75 | +0.03 |
|
MVN | 1.50 | 0.00 |
|
NPX | 5.10 | 0.00 |
|
NZO | 1.81 | -0.05 |
|
NZR | 6.99 | -0.06 |
|
NZS | 1.80 | +0.05 |
|
NZX | 7.45 | +0.15 |
|
PFI | 1.17 | +0.02 |
|
PGW | 2.57 | +0.03 |
|
POT | 6.65 | +0.15 |
|
PPL | 1.43 | +0.03 |
|
PRC | 2.40 | +0.05 |
|
RAK | 2.88 | +0.08 |
|
RYM | 1.66 | +0.01 |
|
SAN | 5.18 | -0.01 |
|
SKC | 3.10 | -0.02 |
|
SKL | 0.83 | +0.01 |
|
SKT | 4.20 | +0.05 |
|
STU | 2.52 | -0.06 |
|
TEL | 3.39 | -0.06 |
|
THL | 1.40 | +0.05 |
|
TLS | 5.30 | -0.05 |
|
TPW | 7.68 | +0.16 |
|
TWR | 1.92 | +0.02 |
|
VCT | 1.93 | -0.01 |
|
WBC | 24.50 | +0.20 |
|
WHS | 3.93 | -0.02 |
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