22 Apr 2009

NZ market down slightly at close of trade

10:42 pm on 22 April 2009

The New Zealand share market was down 2 points to 2652 on turnover of $73 million on Wednesday.

Telecom lost 1 cent to close at $2.54, Contact Energy gained 6c to close at $5.70, while Fletcher Building also was down 1c to $6.27.

Sky City fell 6c to close at $2.79 after successfully completing a share placement to institutional investors.

The Australian share market closed moderately lower, with losses among the gold miners and mining giant BHP Billiton.

The benchmark S&P/ASX200 index dropped 9.2 points, or 0.25%, to 3668.2 and the All Ordinaries index fell 5.9 points, or 0.16%, to 3627.2.

Japanese share prices were mixed, despite gains on Wall Street the previous day, as investors remained cautious about the outlook for corporate earnings.

The Nikkei-225 index rose 15.97 points, or 0.18%, to 8,727.30. But the broader Topix index of all first section shares slipped 0.76 points, or 0.09%, to 829.96.