11 Sep 2009

NZ market ends week higher

10:18 pm on 11 September 2009

New Zealand share market was up 10 points, or 0.3%, to 3137 at the close of trade on Friday.

Shares in Telecom were unchanged at $2.72 per share, Fletcher Building was down 1c at $7.95, while Contact Energy was also 1c lower at $6.06.

Sky City Entertainment rose 2c to $3.28, Fisher and Paykel Healthcare fell 3c to $3.37 and Sky Network Television gained 10c to $4.75.

The Warehouse rose 21c to $4.25 after its annual profit fell 15% to $76.8 million.

In Australia, the All Ordinaries gained 0.5% to close at 4,596, and the ASX 200 finished 25 points higher at 4,596, the ABC website reports.

Japanese share prices slipped on Friday, weighed by a stronger yen and news that Japan's economy grew more slowly than previously thought in the second quarter.

The benchmark Nikkei-225 index dropped 69.34 points, or 0.66%, to 10,444.33. The broader Topix index of all first section shares fell 8.08 points, or 0.84%, to 950.41, AFP reports.