NZX50 rises slightly on Monday
Updated at 7:41 pm on 25 June 2012
New Zealand's benchmark NZX 50 share index rose 2 points (0.05%) on Monday, to 3401 on turnover of $68 million, after falling significantly in the previous week's trading.
Cornerstone stock Telecom rose 1 cent to $2.47, and its offshoot Chorus rose 2 cents to $3.04, and but Fisher & Paykel Healthcare up 1 cent at $1.94.
Sky Network TV rose 4 cents to $4.95, Trade Me rose 2 cents to $3.69, Ryman Healthcare rose 5 cents to $3.49, NZX rose 5 cents to $1.34, and Hallenstein Glasson rose 1 cent to $4.06
Abano Healthcare rose 11 cents to $4.25, after bidding to buy the remaining 30% of the Australian dental business that it doesn't already own for $18 million, as part of a plan to grow its stake in the $5 billion market.
Among stocks which ended the days trading with their price unchanged were Sky City Entertainment ($3.40), and The Warehouse ($2.51).
Fletcher Building's share price fell 1 cent to $5.98, and Contact Energy fell 2 cents to $4.72.
OceanaGold fell 20 cents to $2.30, and Comvita fell 5 cents to $3.25, while Air New Zealand was down 0.5 cents at 87 cents.
On currency markets, the NZ dollar finished the local business day at 78.76 US cents, 78.49 Australian, 50.54 pence, 63.20 yen, 0.6283 of a euro, and the TWI was at 71.58 points.
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