3 Aug 2009

NZ market higher at close

10:13 pm on 3 August 2009

The New Zealand market closed up 31 points, or 1%, to 3047 on turnover of $53 million on Monday.

Top stocks were higher. Telecom was up 5 cents at $2.83, Fletcher Building rose 22c cents to $7.40 and Contact Energy gained 4c to $6.34.

Fisher & Paykel Appliances was up 1c to 88c, while Fisher & Paykel Healthcare rose 5c to $3.30.

The Australian share market was moderately stronger at the close, led by the banks amid quiet trading during a public holiday in New South Wales and the ACT.

The S&P/ASX 200 index was 19.4 points, or 0.46%, higher, at 4263.4 while the broader All Ordinaries index rose 21 points, or 0.49%, to 4270.5 points.

On the Sydney Futures Exchange, the September share price index contract was three points higher at 4,210 on 23,620 contracts.

Japanese share prices ended mixed on Monday amid profit-taking on recent gains sparked by growing hopes of a recovery in the global economy, dealers said.

The benchmark Nikkei-225 index slipped 4.36 points, or 0.04%, to 10,352.47. The broader Topix index of all first section shares rose 7.30 points, or 0.77%, to 957.56.

Hong Kong share prices closed 1.14% higher on Monday, matching rallies across Asian markets, dealers said. The benchmark Hang Seng Index closed up 233.93 points at 20,807.26.