6 Aug 2010

NZ market flat

1:15 pm on 6 August 2010

The NZX50 index is unchanged at 3044 on turnover of $27 million.

At 12:20pm, Fletcher Building was up 4 cents to $7.58, Telecom was unchanged at $2.02 and Contact Energy was unchanged at $5.69.

Sky City Entertainment was unchanged at $3.04 and Sky Network Television was down 1c to $5.04.

Fisher & Paykel Healthcare was down 2c to $2.91 and Fisher & Paykel Appliances was down 1c to 52 cents.

The Warehouse was up 1c to $3.53. Kathmandu was down 3c to $1.73 after issuing a profit downgrade on Wednesday.

Air New Zealand was unchanged at $1.98, Infratil was unchanged $1.63 and EBOS was down 9c to $6.61.

Briscoe Group was unchanged at $1.20 after first half sales rose, but tax changes mean its profit will be flat.

Hallenstein Glasson was up 20c to $3.80 after it issued a profit upgrade.

Across the Tasman, the Australian 200 index was down 12 points, to 4554.

The New Zealand dollar was trading at 72.91 US cents, 79.77 Australian cents, 45.91 pence, 62.57 yen and 0.5529 euro. The Trade Weighted Index was at 67.26.