30 Apr 2012

NZ and Australian markets up

1:45 pm on 30 April 2012

The New Zealand stock market was up on Monday. By 12.26pm, the NZX 50 index had risen 19 points to 3551 on turnover of $31 million.

The Australian 200 was up 22 points at 43 84.

The New Zealand dollar was trading at 82.22 US cents, 78.74 Australian cents, 50.53 pence, 66.07 yen and 0.6215 euro. The Trade Weighted Index was at 72.86.

Fletcher Building was up 5 cents at $6.25, Telecom up 0.5 cents at $2.62, Chorus up 7 cents at $3.44 and Contact Energy unchanged at $4.83.

SkyCity Entertainment was up 1 cent at $3.85, Sky Network Television up 8 cents to $5.47 and Fisher & Paykel Healthcare unchanged at $2.20.

TradeMe up 9 cents at $3.62 after announcing it had acquired the rest of the vehicle dealer collator AutoBase.

Hallenstein Glasson was up 1 cent to $3.90. Pumpkin Patch up 2 cents to $1.03, Skellerup down 1 cent to $1.49 and NZX was unchanged at $2.77.

NZ Oil & Gas was down 0.5 cents to 77.5 cents after announcing it sold $34.4 million worth of oil and gas from its Kupe and Tui oil fields in the three months to the end of March

Refining NZ was up 3 cents to $2.88 after shareholders approved a $365 million upgrade of a petrol plant at Marsden Point.

Energy Mad was down 2 cents to 51 cents and DNZ Property Fund up 1 at $1.40.