The New Zealand sharemarket fell in early trading, with markets in the US closed for a public holiday and despite advances by European and Canadian sharemarkets.
Bucking the trend, shares in software company Diligent Board Member Services lifted 5c, or 1
The New Zealand sharemarket fell in early trading, with markets in the US closed for a public holiday and despite advances by European and Canadian sharemarkets.
Bucking the trend, shares in software company Diligent Board Member Services lifted 5c, or 17%, to 35c early, after reporting growth of 78% in fourth quarter net sales revenue.
Around 10.15am the benchmark NZSX-50 index was down 8.28 points to 3238.82, having fallen on five of the last six days including a 10.8-point fall yesterday.
Among leading shares Fletcher Building was down 2c to 809, after a 20c fall yesterday, Telecom was down 2c to 250, and Contact Energy was flat on 610, having declined 8c yesterday.
Horizon Energy fell 9c to 375, Hellaby Holdings fell 4c to $1.66, NZ Refining Co was down 3c to $3.89, Hallenstein Glasson slipped 2c to $3.23 and Infratil was down 2c to $1.65. Property for Industry gained 2c to 120.
Shares in Wellington retailer Kirkcaldie&Stains rose 13c to a 20-month high of $2.85 on modest turnover.
Overnight, European shares advanced, as firmer commodity prices lifted mining and oil shares.
