3 Mar 2010

NZ sharemarket up slightly

12:45 pm on 3 March 2010

The New Zealand sharemarket's benchmark NZX 50 had gained 13 points (0.4%) to 3196 at 12:15pm on Wednesday, on turnover of $29 million.

Fletcher Building was up 8 cents to $8.05, Telecom rose 2 cents to $2.21 and Contact Energy was down 2 cents to $6.17.

Auckland International Airport rose 1 cent to $1.88 while Air New Zealand was unchanged at $1.91.

The Warehouse was up 5 cents to $3.95 and Hallenstein Glasson edged up 1 cent to $3.53.

Pyne Gould Corporation was unchanged at 45 cents.

Allied Farmers fell 0.6 cents to 7.9 cents.

In currency markets, the NZ dollar was trading at 69.59 cents, 76.99 Australian, 46.49 British pence, 61.75 yen and 0.5112 euro. The TWI stood at 64.33.