17 Apr 2012

Sharemarket up on Tuesday

6:48 pm on 17 April 2012

The New Zealand sharemarket rose on Tuesday, with the NZX50 ending the trading day up 7 points at 3480.

Turnover was $83 million.

Among the major share movements, Fletcher Building closed up 5 cents at $6.26, Telecom was down 4 cents at $2.48, Chorus gained 6 cents to close at $3.42 and Contact Energy was up 2 cents at $4.77.

SkyCity Entertainment was up 3 cents to $3.82 while Sky Television lost 2 cents to close at $5.20.

Mainfreight shed 3 cents to $9.34, Refining NZ was up 4 cents at $2.79, OceanaGold was down 1 cent to $2.95 and Vector was unchanged at $2.66.

Kathmandu gained 5 cents to $1.65, Ebos Group was down 10 cents to $7.50 and Trustpower was up 1 cent to $7.25.

At 5.20pm, the NZ dollar was buying 81.6 US, 79.04 Australian, 51.4 pence, 65.62 yen, and 0.6225 euro.

The trade-weighted index was at 72.8.