Market close: Shares close higher

Thursday 28th August 2008

The sharemarket rose slightly today with the NZSE50 up 0.19% to end the day at 3,324.

Top stock Telecom advanced 0.6% and second-ranked Contact Energy lost 0.5%. Number three, Fletcher Building, added 0.4%.

In the retail sector, Hallenstein Glasson jumped 1.8% and Pumpkin Patch increased 5.8%. Not so good for Michel Hill who dropped 1.1% and The Warehouse Group dipped 0.9%.

Among other major gainers, Xero was up 10%, Delegat's Group surged 5.38%, AMP jumped 3.8%, Fisher & Paykel Healthcare increased 1.7%, Auckland International Airport rose 1.5%, Pike River Coal jumped 2.2% and SkyCity Entertainment was up 3.5%.

Losers included Dominion Finance down 16.67%, L & M Petroleum down 5.88%, Heritage Gold down 3.85%, Rakon dipped 2.1%, NZX lost 2.3%, Guinness Peat Group gave back 2.8% and Goodman Fielder and Fisher & Paykel Appliances lost 1.7% each.

Things were more positive among the banks, Westpac Banking Group moved up 3.6% and ANZ increased .26%.

Lyttelton Port remained unchanged today after it announced an increase to its full-year profit by 7.3% on record volumes of cargo.

ProvencoCadmus, dipped 5.26%, after posting a full-year loss and saying it is considering assets sales to shore up its capital.

Nuplex Industries, was up 1.59% on posting an 84% gain in full-year earnings after it closed unprofitable plants and lifted sales.

The benchmark S&P/ASX200 index rose 55.3 points, or 1.1%, to 5066.5, led by gains among miners and some financial stocks.

NZ Top 50	3,324.796	+6.273 (+0.19%)
ASX 200	5,066.500	+55.30 (+1.10%)
Dow	11,502.51	+89.64 (+0.79%)
Nasdaq	2,382.46	+20.49 (+0.87%)
FTSE 100	5,528.10	+57.40 (+1.05%)

AIA	2.06	+0.03
AIR	1.18	-0.01
AMP	8.20	+0.30
ANZ	19.65	+0.05
APN	3.86	0.00
APT	1.05	-0.01
CAV	2.75	0.00
CEN	8.35	-0.04
EBO	4.95	+0.04
FBU	7.30	+0.03
FPA	1.76	-0.03
FPH	3.05	+0.05
FRE	3.35	0.00
GFF	1.76	-0.03
GMT	1.13	-0.03
GPG	1.39	-0.04
HLG	2.90	+0.05
IFT	2.23	+0.04
IMP	1.13	0.00
ING	0.77	-0.02
KIP	1.12	-0.02
LNN	10.84	-0.21
MFT	7.22	-0.03
MHI	0.88	-0.01
MVN	1.66	-0.03
NPX	6.40	+0.10
NZO	1.62	0.00
NZR	7.20	+0.07
NZS	1.59	-0.01
NZX	7.23	-0.17
PFI	1.14	-0.03
PGW	2.75	0.00
POT	7.15	0.00
PPL	1.64	+0.09
PRC	1.89	+0.04
RAK	2.87	-0.06
RYM	1.76	-0.01
SAN	6.00	-0.05
SKC	3.56	+0.12
SKL	0.89	0.00
SKT	4.72	-0.01
STU	3.38	+0.05
TEL	3.26	+0.02
THL	1.49	+0.04
TLS	5.40	0.00
TPW	7.95	+0.09
TWR	2.25	0.00
VCT	2.29	-0.07
WBC	28.50	+1.00
WHS	3.32	-0.03

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