17 Aug 2012

NZ and Australian share markets up

1:09 pm on 17 August 2012

The New Zealand and Australian share markets were up on Friday morning.

By 12:33pm, the NZX 50 was 15 points, or 0.4 percent, to 3632 on turnover of $62 million. The Australian 200 index was up 6 points to 4336.

The NZ dollar was buying 81.18 US cents, 77.20 Australian cents, 51.60 pence, 64.35 yen and 0.6579 euro. The Trade Weighted Index was 73.08.

Michael Hill International was unchanged at $1.09, despite lifting its full year profit.

ANZ was up 11 cents to $31.11 after a 10% increase in after tax profit for the nine months ending June.

Nuplex was up 8 cents to $2.75 and Contact Energy was up 2 cents to $4.87 after announcing a 27% rise in full year profit to $190 million.

Infratil was unchanged at $2.09 and Vector unchanged at $2.75.

Freightways was up 1 cent at $3.92 after reporting a record profit of $37 million on Thursday.

Goodman Fielder was up 4 cents at 66 cents after reporting a full year loss of $A146.9 million.

Fletcher Building was down 4 cents at $6.50, Mainfreight unchanged at $9.44, and Fisher & Paykel Healthcare was unchanged at $1.93.

Telecom up 1.5 cents at $2.725, Chorus up 1 cent at $3.09, TradeMe down 1 cent at $3.87.

The Warehouse was down 1 cent at $2.67, Sky City up 2 cents at $3.59 and Sky TV was unchanged at $5.12.

Hallenstein Glassons was down 1 cent at $4.30. Auckland International Airport Ltd was up 1 cent at $2.51 and Air New Zealand was unchanged at 91 cents.