19 Jul 2012

NZ share market up

6:39 pm on 19 July 2012

The NZX50 rose 12 points to close at 3485 on turnover of $92 million on Thursday.

When the markets closed the NZ dollar was at 80 US, 77.12 Australian, 51.16 pence, 62.92 yen and 0.6520 euro. The Trade Weighted Index was at 72.34.

Fletcher Building was down 1 cent to $5.84, Telecom was up 1.5 cents to $2.53, Chorus was unchanged at $3.16 and Contact Energy was up 6 cents to $4.89.

SkyCity Entertainment Group was unchanged at $3.58 and Sky Network TV was unchanged at $4.98.

Auckland Airport was down 0.5 cents to $2.47, Fisher & Paykel Healthcare was up 1 cent to $1.98 and The Warehouse was up 4 cents to $2.61.

Xero was down 15 cents at $5.40 and Diligent was down 9 cents to $3.87.

Methven was up 1 cent to $1.26 after shareholders approved a performance-based pay scheme for its board of directors at the company's annual meeting in Auckland on Thursday.