The New Zealand sharemarket was helped along by a rises in selected leading stocks today but trading was thin with holidays today in the US and the UK.The benchmark NZX-50 index closed up 13.479 points, or 0.4%, at 3061.225. Turnover was worth $75.67 mill
The New Zealand sharemarket was helped along by a rises in selected leading stocks today but trading was thin with holidays today in the US and the UK.
The benchmark NZX-50 index closed up 13.479 points, or 0.4%, at 3061.225. Turnover was worth $75.67 million. There were 35 rises and 37 falls among the 101 stocks traded.
Telecom closed up 4c to 190 and traded as high as 191 after falling to a record low last week and Fletcher Building rose 14c to 826.
The biggest percentage risers in the larger listings included Hellaby up 3.95% to 158 and Guinness Peat Group up 2.6% to 69.
Shares in shower and tapware company Methven ended unchanged after the company reported a 22.2% fall in full year net profit to $7.8 million.
TrustPower fell 15c at 710 but it is trading ex a 29c a share dividend from today.
Auckland Airport was unchanged at 188 on a day it noted the Commerce Commission published draft decisions on information disclosure requirements for airports. Infratil, also an airport owner, was unchanged at 162.
SkyCity rose 3c to 297. Mainfreight rose 4c to 624 and NZX rose 1c to 166. Tower rose 1c to 190.
Falling stocks included Tourism Holdings down 7c to 75, Pike River Coal 3c to 99, AMP Office Trust 2c to 71 and ING Medical Property Trust 3c to 120.
NZF Group and Dorchester Pacific were untraded and CER Group closed at 1.3c. All reported earnings today.
Allied Farmers fell 0.8c to 5.1 after disclosing further impairments to the Hanover Finance and United Finance portfolio. Xero eased 5c to 140.
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