20 Jun 2012

New Zealand market falls

6:48 pm on 20 June 2012

The benchmark NZX50 index fell 36 points, or 1%, to close at 3445 on turnover of $100 million on Wednesday.

When the markets closed, the NZ dollar was at 79.52 US, 78.09 Australian, 50.52 pence, 62.69 yen and 0.6269 euro. The Trade Weighted Index was at 71.59.

Fletcher Building was down 10 cents at $6.21, Telecom was down 5.5 cents at $2.48, Chorus was down 4 cents at $3.03 and Contact Energy was down 1 cent at $4.87.

Sky City Entertainment was down 6 cents at $3.45 and Sky Network TV was down 1 cent at $4.96.

Air New Zealand was down 1 cent to 86 cents after naming its new CEO, Fisher & Paykel Healthcare WAS down 13 cents at $1.97 and The Warehouse was down 3 cents to $2.52.

Nuplex was up 4 cents to $2.63 and Vector was up 2 cents to $2.65.

Mainfreight was down 14 cents to $9.40, Trade Me was down 3 cents at $3.76, Xero was down 8 cents to $4.81, Diligent Board Member Services was down 4 cents to $3.53 and Kathmandu was down 6 cents to $1.48.

Tower was down 4 cents to $1.56, AWF was up 17 cents to $2.60, Abano Healthcare was up 10 cents to $4.15 and Hellaby Holdings was up 5 cents to $2.80.

Ebos was down 8 cents to $7.55 and Tourism Holdings was down 5 cents to 55 cents.