29 Jun 2011

NZ share market falls 26 points

8:11 pm on 29 June 2011

The New Zealand sharemarket fell 26 points, or 0.8%, to close at 3415 on turnover of $99 million.

Fletcher Building down 10 cents at $8.42, Contact Energy down 3 cents at $5.35, Telecom unchanged at $2.425

Sky City Entertainment Group down 5 cents to $3.56

Goodman Property Trust unchanged at $1.37 after announcing it'll build a 24 million dollar national distribution centre for its tenant Super Cheap Auto, at Savill Link industrial estate in Auckland.

Auckland International Airport down 2.5 cents at $2.205

The Warehouse down 9 cents at $3.41

Fisher and Paykel Healthcare up 2 cents to $2.72,

Restaurant Brands down 3 cents to $2.50

Southern Travel Holdings unchanged at 9 cents after saying it expects to lose about 600-thousand dollars in the year to the end of June, because of cancellations and a restructure.

Scott Technology unchanged at $1.40.

The Australian 200 index is up 46 points at 4519.

In currency markets, the NZ dollar is at 81.26 US, 77.06 Australian, 50.77 pence, 65.85 Yen, point-5653 euro and the TWI stands at 70.37.