12 Sep 2012

NZ market up

6:56 pm on 12 September 2012

The NZX Top 50 index rose 45 points, or 1.2%, to close at 3790 on turnover of $133 million on Wednesday.

When the markets closed the NZ dollar was at 82.08 US, 78.31 Australian, 51.03 pence, 63.87 yen and 0.6387 euro. The Trade Weighted Index was at 72.88.

Fisher & Paykel Appliances was up 12.5 cents to $1.165 after Haier announced a full takeover offer of $1.20 a share.

Fletcher Building was up 10 cents to $6.72, New Zealand Oil & Gas was down 4 cents to 85 cents, Contact was up 6 cents to $5.03 and Infratil was 0.5 cent to $2.125.

Port of Tauranga was up 5 cents at $12.70, Sky City was up 1 cent at $3.90 and Mainfreight was up 34 cents at $10.34.

Chorus was up 2 cents at $3.52 and Ryman was up 3 cents to $4.01. NZX was up 1 cent to $1.08.

Vital Healthcare was up 2 cents to $1.24 after announcing it had sold an Auckland property.

The Warehouse was up 5 cents at $2.87 and Pumpkin Patch was unchanged at $1.19.

Skellerup was up 1 cent at $1.67, Xero was up 2 cents at $4.88 and Ebos Group was up 5 cents at $8.20.