3 Nov 2010

New Zealand share market up 25 points

10:16 am on 3 November 2010

The New Zealand share market finished up on Tuesday, with the NZX 50 index rising 25 points to 3335 on turnover of $74 million.

Telecom finished down 1c at $2.04, Fletcher Building was up 4c to $8.17 and Contact Energy was up 4c to $5.95.

Vital Healthcare Management was down 10c to $1.24, Fisher & Paykel Applicances was down 1c to 60c, Allied Work Force was unchanged at $1.05, Ebos Group was up 5c to $7.55 and Mainfreight was up 4c to $7.25.

The Warehouse was unchanged at $4, Pumpkin Patch was unchanged at $1.94 and Sky Television was up 3c to $5.40.

The dollar was buying 76.51 US cents, 76.63 Australian cents, 47.63 pence, 61.56 yen and 0.5495 euro. The trade weighted index was 67.53.

Across the Tasman, as the Reserve Bank lifted the benchmark interest rate to 4.75%, the Australian 200 index was down six points to 4692.