Wednesday 17th September 2008 |
Text too small? |
The sharemarket surged upwards today with the NZSE50 up 1.32% to end the day at 3,269.
The top three enjoyed a positive day with top stock Telecom rising 0.4%, Contact Energy increasing 0.7%, and Fletcher Building jumping 2.8%.
The retail sector wasn't quite so flash, with Michael Hill plunging 4.9%, Hallenstein Glassons lost 2.5%, and The Warehouse Group dropped 1.5%.
Pumpkin Patch, the children's clothing chain that has grown to 227 stores, posted a 27.5% drop in full-year profit on losses in the US and UK. The company lowered its final dividend. Shares in Pumpkin Patch fell 2.7% today.
Major gainers included BLIS Technologies up 11.11%, Kingfish up 5.15%, Air New Zealand up 4.81%, Restaurant Brands up 4.69%, Fisher & Paykel Healthcare up 4.55%, Freightways up 4.29%. Sky City increased 3.6%, and Sky Network Television was also up 2.7%.
Losers today included Richina Pacific down 9.09%, OceanaGold Corporation down 6.25%, Solution Dynamics down 4.76%, Skellerup Holdings down 4.04% and Mowbray Collectables down 3.85%.
The benchmark S&P/ASX200 index fell 28.6 points, or 0.6%, to 4722.2, while the broader All Ordinaries index was down 30.1 points, or 0.63%, to 4769.7.
The Dow Jones Industrial Average rallied 141.51 points, or 1.30%, to 11,059.02.
The tech-heavy Nasdaq composite climbed 27.99 points, or 1.28%, to 2,207.90
while the broad-market Standard & Poor's 500 index added 20.90 points, 1.75%,
to close of 1,213.60.
NZ Top 50 | 3,269.930 | +42.626 (+1.32%) |
ASX 200 | 4,722.200 | -28.600 (-0.60%) |
Dow | 11,059.02 | +141.51 (+1.30%) |
Nasdaq | 2,207.90 | +27.99 (+1.28%) |
FTSE 100 | 5,083.40 | -120.80 (-2.32%) |
AIA | 2.02 | +0.02 | ![]() |
AIR | 1.04 | -0.04 | ![]() |
AMP | 8.21 | -0.94 | ![]() |
ANZ | 19.60 | -0.74 | ![]() |
APN | 3.99 | 0.00 | ![]() |
APT | 1.07 | -0.02 | ![]() |
CAV | 2.80 | -0.16 | ![]() |
CEN | 8.70 | -0.20 | ![]() |
EBO | 4.60 | -0.15 | ![]() |
FBU | 7.07 | -0.29 | ![]() |
FPA | 1.72 | -0.05 | ![]() |
FPH | 3.08 | -0.08 | ![]() |
FRE | 3.26 | -0.09 | ![]() |
GFF | 1.72 | -0.03 | ![]() |
GMT | 1.18 | 0.00 | ![]() |
GPG | 1.23 | -0.04 | ![]() |
HLG | 2.86 | -0.10 | ![]() |
IFT | 2.08 | -0.07 | ![]() |
IMP | 1.15 | +0.01 | ![]() |
ING | 0.70 | -0.03 | ![]() |
KIP | 1.17 | -0.01 | ![]() |
LNN | 10.90 | 0.00 | ![]() |
MFT | 6.90 | -0.15 | ![]() |
MHI | 0.82 | -0.04 | ![]() |
MVN | 1.63 | -0.03 | ![]() |
NPX | 6.21 | -0.18 | ![]() |
NZO | 1.45 | -0.07 | ![]() |
NZR | 6.60 | -0.06 | ![]() |
NZS | 1.47 | -0.03 | ![]() |
NZX | 6.74 | -0.10 | ![]() |
PFI | 1.16 | 0.00 | ![]() |
PGW | 2.25 | -0.20 | ![]() |
POT | 6.75 | -0.15 | ![]() |
PPL | 1.49 | -0.03 | ![]() |
PRC | 1.63 | -0.12 | ![]() |
RAK | 2.68 | -0.07 | ![]() |
RYM | 1.78 | -0.14 | ![]() |
SAN | 5.60 | -0.25 | ![]() |
SKC | 3.57 | -0.08 | ![]() |
SKL | 0.99 | 0.00 | ![]() |
SKT | 4.50 | -0.07 | ![]() |
STU | 3.38 | -0.13 | ![]() |
TEL | 2.80 | -0.13 | ![]() |
THL | 1.30 | -0.10 | ![]() |
TLS | 5.04 | -0.14 | ![]() |
TPW | 8.20 | -0.05 | ![]() |
TWR | 1.98 | -0.12 | ![]() |
VCT | 2.19 | -0.04 | ![]() |
WBC | 27.45 | -0.68 | ![]() |
WHS | 3.25 | -0.05 | ![]() |
No comments yet
Second St John withdrawal of labour takes effect tomorrow with further strikes likely
Sanford Appoints Independent Director
CRP ADVISES CLOSURE OF SHARE OFFER TO EXISTING INVESTOR
Devon Funds Morning Note - 14 August 2024
OCR 5.25% - Monetary restraint tempered as inflation converges on target
Consumers still need due diligence as new deposit takers emerge.
Woolworths strike: staff asked to dress up in Disney costumes for a week on their own dollar
Turners Invests in Quashed Online Insurance Platform
PGW Reports on Challenging Year
Arvida Announces Executive Team Changes