Monday 25th August 2008 |
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The sharemarket rose slightly today with the NZSE50 up 0.46% to end the day at 3,326.
Top stock Telecom surged 4.0% and Fletcher Building rose 1.5%. Contact Energy fell 1.3% ahead of its financial results on Tuesday.
Retailers closed mixed. Pumpkin Patch was up 3.2% and Hallenstein Glasson increased 0.7%, while The Warehouse Group dipped 2.9% and Michael Hill lost 1.0%.
Among other major gainers, Plus SMS Holdings rose 7.14%, AMP rose 1.9%, ING Medical Properties Trust advanced 1.8%, and Lion Nathan was up 4.7%.
Taking their lead from offshore, banks had a strong day with Westpac Banking Group gaining 4.5% and ANZ up 1.40%.
Top losers included, Dominion Finance down 37.50%, Charlie's Group 3.85%, Steel & Tube Holdings 3.0%, Sky Network Television 2.0%, Guinness Peat Group 3.4% and Fisher & Paykel Healthcare 2.3%.
Our biggest casino operator, Sky City Entertainment Group, was down .29% today, after posting a 49% drop in full-year profit after writing down the value of its cinemas.
Taylors Group, the laundry company controlled by Australia's Spotless Group, was up 4.62%, after announcing a 35% decline in profit on costs to finance more efficient equipment. Sales rose 3.2% to NZ$68.8 million
The benchmark S&P/ASX200 index closed up 83.5 points, or 1.7%, at 5014.9, pushed along by strong mining and financial sectors.
The Dow Jones Industrial Average surged 197.85 points, or 1.73% to a close
of 11,628.06, while the tech-heavy Nasdaq composite gained 34.33 points, or
1.44% to 2,414.71.
The broad-market Standard & Poor's 500 index advanced 14.48 points, or 1.13%
to finish at 1,292.20.
NZ Top 50 | 3,326.917 | +15.307 (+0.46%) |
ASX 200 | 5,014.900 | +83.500 (+1.69%) |
Dow | 11,628.06 | +197.85 (+1.73%) |
Nasdaq | 2,414.71 | +34.33 (+1.44%) |
FTSE 100 | 5,505.60 | +135.40 (+2.52%) |
AIA | 2.01 | 0.00 | ![]() |
AIR | 1.22 | -0.01 | ![]() |
AMP | 7.90 | +0.15 | ![]() |
ANZ | 19.52 | +0.27 | ![]() |
APN | 3.86 | 0.00 | ![]() |
APT | 1.05 | 0.00 | ![]() |
CAV | 2.70 | +0.03 | ![]() |
CEN | 8.31 | -0.11 | ![]() |
EBO | 4.95 | -0.05 | ![]() |
FBU | 7.31 | +0.11 | ![]() |
FPA | 1.80 | -0.02 | ![]() |
FPH | 2.98 | -0.07 | ![]() |
FRE | 3.35 | +0.05 | ![]() |
GFF | 1.76 | -0.07 | ![]() |
GMT | 1.15 | +0.02 | ![]() |
GPG | 1.44 | -0.05 | ![]() |
HLG | 2.85 | +0.02 | ![]() |
IFT | 2.16 | +0.02 | ![]() |
IMP | 1.12 | +0.02 | ![]() |
ING | 0.76 | -0.01 | ![]() |
KIP | 1.11 | +0.01 | ![]() |
LNN | 11.05 | +0.50 | ![]() |
MFT | 7.20 | +0.10 | ![]() |
MHI | 0.94 | -0.01 | ![]() |
MVN | 1.69 | +0.03 | ![]() |
NPX | 6.25 | 0.00 | ![]() |
NZO | 1.50 | -0.01 | ![]() |
NZR | 7.10 | 0.00 | ![]() |
NZS | 1.60 | +0.02 | ![]() |
NZX | 7.58 | -0.02 | ![]() |
PFI | 1.16 | -0.01 | ![]() |
PGW | 2.78 | -0.04 | ![]() |
POT | 7.20 | +0.10 | ![]() |
PPL | 1.61 | +0.05 | ![]() |
PRC | 1.80 | 0.00 | ![]() |
RAK | 3.03 | -0.01 | ![]() |
RYM | 1.78 | +0.03 | ![]() |
SAN | 5.91 | +0.06 | ![]() |
SKC | 3.42 | -0.01 | ![]() |
SKL | 0.97 | 0.00 | ![]() |
SKT | 4.80 | -0.10 | ![]() |
STU | 3.25 | -0.10 | ![]() |
TEL | 3.36 | +0.13 | ![]() |
THL | 1.45 | +0.05 | ![]() |
TLS | 5.40 | +0.12 | ![]() |
TPW | 7.85 | +0.05 | ![]() |
TWR | 2.27 | -0.04 | ![]() |
VCT | 2.32 | +0.04 | ![]() |
WBC | 27.95 | +1.19 | ![]() |
WHS | 3.35 | -0.10 | ![]() |
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