10 Sep 2012

NZ market closes higher

4:56 am on 10 September 2012

The NZX50 index rose 29 points (0.77%) to close on Friday at 3722 on turnover of $171 million.

Telecom was up 1 cent at $2.46, Fletcher Building was unchanged at $6.48, Chorus edged up 3 cents to $3.48 and Contact was up 3 cents at $4.98.

Sky City Entertainment rose 4 cents to $3.85, Sky Network TV was unchanged at $5.00, Fisher and Paykel Healthcare was up 3 cents to $2.18, The Warehouse was up 2 cents to $2.90

Cavalier fell 7 cents to $1.75

Ryman Healhcare was up 4 cents to $3.89, Trade Me was up 7 cents to $3.94, Kathmandu was down 8 cents to $1.79 and Vector was down 3 cents to $2.78.

The NZ dollar was trading at US80.27 cents, 77.82 Australian, 50.36 pence, 62.29 yen and 0.6349 euro. The Trade Weighted Index was at 72.08.