The New Zealand sharemarket rose slightly during a shortened trading session ahead of the Easter holiday break.The benchmark NZX-50 index closed up 8.238 points, or 0.25%, at 3276.231, which is its highest level in nearly 11 weeks.Shares in Restaurant Bra
The New Zealand sharemarket rose slightly during a shortened trading session ahead of the Easter holiday break.
The benchmark NZX-50 index closed up 8.238 points, or 0.25%, at 3276.231, which is its highest level in nearly 11 weeks.
Shares in Restaurant Brands climbed to their highest level in nearly eight years, gaining 2c to $2.04 and trading as high as $2.05 today.
Mainfreight was up another 5c to an 18-month high at $6.39, with today's rise on top of a 9c gain yesterday. Mainfreight was seen as benefiting from an economic recovery.
Fletcher Building, trading ex a 14c dividend today, was down just 1c to $8.34.
Goodman Fielder fell 8c to $1.87 after Australia's competition regulator turned down its plan to sell its commercial fats and oil division.
Vector, trading ex a 6.5c dividend today, was down 7c to $2.05.
Air New Zealand, which today rejected a media report its chief executive may leave in the next 18 months, rose 4c to $1.31.
Contact Energy rose 7c to $6.47 after lifting 22c yesterday.
OceanaGold, which said today it had closed all remaining hedge facilities and would sell gold on the spot market, rose 25c to $3.25. The move was previously signalled.
Scott Technology, which reported its interim profit earlier this week, rose 5c to $1.25.
The Warehouse rose 3c to $3.78, while Fisher & Paykel Appliances was unchanged at 62c. Xero was unchanged at $1.65 after saying revenue was in excess of $3 million in the year to March 31.
Telecom fell 1c to $2.16, Nuplex fell 2c to $3.51 and Steel & Tube fell 7c to $2.53.
