Wednesday 16th July 2008 |
Text too small? |
The markets moved into positive territory today as bargain hunters came out to play, pushing the NZSE50 up 0.62% to end the day at 3,059.
Top stock Telecom surged 2.1% and second-ranked Contact Energy jumped 3.6%,
while Fletcher Building gave back 0.2%. TrustPower fell 1.7% and Vector closed
unchanged.
Following a steep fall in oil prices overnight, New Zealand Oil & Gas plunged
4.5% but The New Zealand Refining Company added 0.3%.
Banking stocks recovered, with ANZ jumping 3.1% and Westpac surging 3.3%.
Rakon fell 1.9% and Fisher & Paykel Healthcare dropped 1.8% on the back of a stronger New Zealand dollar. However, Fisher & Paykel Appliances rose 1.5%.
The benchmark S&P/ASX200 index closed 54.9 points, or 1.1%, higher at 4870.6 with bargain hunters snapping up banking shares.
While the Nasdaq closed up 2.84 points or 0.1% 2,215.71, the Dow closed down
92.65 points or 0.8% at 10,962.54 and the S&P 500 closed down 13.39 points
or 1.1% at 1,214.91.
NZ Top 50 | 3,059.357 | +18.904 (+0.62%) |
ASX 200 | 4,870.600 | +54.900 (+1.14%) |
Dow | 10,962.54 | -92.65 (-0.84%) |
Nasdaq | 2,215.71 | +2.84 (+0.13%) |
FTSE 100 | 5,171.90 | -128.50 (-2.42%) |
NZX
TOP 50 |
|||
As
at: 16/07/2008 5:34pm |
|||
CODE |
LAST |
+/- |
|
AIA |
1.86 | +0.01 |
|
AIR |
1.10 | +0.01 |
|
AMP |
8.11 | +0.28 |
|
ANZ |
22.52 | +0.67 |
|
APN |
3.90 | 0.00 |
|
APT |
1.05 | 0.00 |
|
CAV |
2.15 | -0.03 |
|
CEN |
7.40 | +0.26 |
|
EBO |
4.21 | -0.04 |
|
FBU |
6.04 | -0.01 |
|
FPA |
1.98 | +0.03 |
|
FPH |
2.23 | -0.04 |
|
FRE |
2.95 | -0.05 |
|
GFF |
1.65 | -0.02 |
|
GMT |
1.11 | +0.03 |
|
GPG |
1.29 | -0.01 |
|
HLG |
2.65 | 0.00 |
|
IFT |
1.95 | +0.02 |
|
IMP |
1.09 | -0.02 |
|
ING |
0.83 | 0.00 |
|
KIP |
1.10 | -0.01 |
|
LNN |
10.76 | +0.14 |
|
MFT |
6.32 | -0.01 |
|
MHI |
0.73 | -0.02 |
|
MVN |
1.55 | -0.01 |
|
NPX |
5.14 | +0.02 |
|
NZO |
1.71 | -0.08 |
|
NZR |
6.55 | +0.02 |
|
NZS |
1.75 | -0.07 |
|
NZX |
6.70 | -0.25 |
|
PFI |
1.13 | -0.02 |
|
PGW |
2.40 | -0.10 |
|
POT |
6.31 | +0.01 |
|
PPL |
1.42 | +0.02 |
|
PRC |
2.12 | +0.02 |
|
RAK |
2.60 | -0.05 |
|
RYM |
1.57 | -0.06 |
|
SAN |
5.13 | 0.00 |
|
SKC |
2.98 | +0.02 |
|
SKL |
0.81 | -0.03 |
|
SKT |
4.15 | -0.02 |
|
STU |
2.55 | -0.08 |
|
TEL |
3.38 | +0.07 |
|
THL |
1.40 | 0.00 |
|
TLS |
5.39 | -0.11 |
|
TPW |
7.52 | -0.13 |
|
TWR |
1.98 | +0.03 |
|
VCT |
1.99 | 0.00 |
|
WBC |
24.45 | +0.78 |
|
WHS |
3.90 | 0.00 |
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