15 Sep 2011

NZX50 shows slight drop

5:43 am on 15 September 2011

The NZX50 closed down three points on Wednesday to 3282.

Among major share movements, Fletcher Building was down 2 cents to $7.69, Telecom down 2.5 cents at $2.49 while Contact Energy gained 2 cents to close at $5.26.

Sky City Entertainment was unchanged at $3.45, Sky Network Television was unchanged at $5.39, and Auckland International Airport lost 1 cent to end the day at $2.28.

Fisher and Paykel Healthcare down 1 cents at $2.14, The Warehouse unchanged at $3.44

New Zealand Oil and Gas down was 1 cent to 71 cents.

Comvita gained 23 cents, ending the day at $2 after issuing a profit upgrade.

Renaissance Corporation was up 2 cents to 13 cents after the company admitted it has received an approach from a party interested in buying part of its business.

Ebos was up 13 cents to $6.65.