19 Oct 2010

NZX down

10:23 pm on 19 October 2010

The New Zealand sharemarket has fallen, with the benchmark NZX50 index closing 4 points down to 3257 on Tuesday.

Fletcher Building fell 8 cents to $8.20, Telecom fell 1 cent to $2.06, and Contact Energy rose 4 cents to $5.74.

Fisher & Paykel Healthcare was up 2 cents to $3.16, while Sky City Entertainment Group rose 4 cents to $2.96.

The Warehouse was down 1 cent at $3.93 and Pumpkin Patch down 3 cents at $1.96, while Hallenstein Glasson was up 6 cents to $4.46.

Pike River Coal fell 3 cents to $1.06 after almost halving its coal production forecasts.

Charlies shares rose 5 cents to 16 cents, after announcing a deal to sell into all Coles supermarkets across the Tasman.

In currency markets, the NZ dollar was 75.43 US, 76.4 Australian, 47.51 pence, 61.41 yen and 0.5418 euro. The TWI stood at 66.89.