22 Dec 2011

NZ market up

5:07 am on 22 December 2011

The New Zealand sharemarket rose on Wednesday.

The NZX 50 index rose 21 points, or 0.7%, to close at 3223 on turnover of $78 million.

At 5.20pm, the dollar was trading at 77.06 US cents, 76.18 Australian cents, 49.19 pence, 59.98 yen and 0.5876 euro. The Trade Weighted Index was at 68.77.

Fletcher Building was up 14 cents to $6.02, Telecom was down 1.5 cents at $2.01, Chorus was up 3 cent at $3.02, and Contact was up 3 cents at $5.20.

Sky City Entertainment was up 1 cent at $3.36 and Sky Network TV was unchanged at $5.24.

NZ Refining was down 12 cents at $2.78.

Auckland International Airport was up 7 cents to $2.44 and Air New Zealand was up 1 cent to 88 cents.

Restaurant Brands was down 1 cent at $2.05 and Energy Mad was up 3 cents to 83 cents.

The Warehouse was unchanged at $3.10.