9 Aug 2010

NZ sharemarket rises

10:31 pm on 9 August 2010

The New Zealand sharemarket rose 10 points on Monday to close at 3054 on turnover of $59 million.

Fletcher Building was down 4 cents to $7.60 a share, Telecom gained 6c to $2.08, while Contact Energy was unchanged at $5.69.

Sky City Entertainment was unchanged at $3.06 but Sky Network Television rose 7c to $5.09.

Fisher & Paykel Healthcare was up 4c to $2.94, while Fisher & Paykel Appliances fell 2c to 50c.

Retailer The Warehouse was unchanged at $3.52, Hallenstein Glasson rose 13c to $3.95 and Kathmandu was up 1c to $1.69.

Allied Farmers was down 1c to 3.5c after its delayed its $19.3 million capital raising as its finance arm, Allied Nationwide Finance, talks to its trustee to avoid the prospect of being placed into receivership.