20 Oct 2011

Offshore markets mixed

8:39 am on 20 October 2011

Stocks have fallen on Wall St after lower than expected sales of Apple's iPhone.

But Intel shares rose after the chipmaker forecast better-than expected quarterly revenue.

The Dow Jones Index on Wednesday was up 12 points to 11,589. The Nasdaq Composite was down 38 points to 2619.

In Europe: the FTSE-100 in London was up 0.7%, the CAC-40 in Paris was up 0.5% and the DAX in Frankfurt was up 0.6%.

The Nikkei index in Tokyo was up 31 points to 8773.

The Australian 200 Index closed up 27 points, or 0.6%, to 4214. The NZX-50 was up 21 points, or 0.6%, to close at 3300.

At 8.28am on Thursday, the New Zealand dollar was trading at 79.56 US cents, 77.36 Australian cents, 50.34 pence, 61.06 yen and 0.5767 euro. The Trade Weighted Index was at 69.58.

Brent crude oil was trading at $US112.59 per barrel and gold was trading at $US1644.81 per ounce.