8 Jun 2012

NZ market up

5:36 am on 8 June 2012

The NZX50 index was up 9 points, to close at 3473 on turnover of $99 million on Thursday.

When the markets closed, the NZ dollar was at 77.08 US cents, 77.48 Australian, 49.82 pence, 61.23 yen and 0.6136 euro. The Trade Weighted Index was at 70.08.

Fletcher Building was down 1 cent to $6.29, Telecom was up 2.5 cents to $2.50, Chorus was down 6 cents to $3.26 and Contact Energy was down 5 cents to $4.74.

Fisher & Paykel Healthcare was down 2 cents to $2.10, Fisher & Paykel Appliances was down 1 cent to 53.5 cents.

Sky City Entertainment was up 6 cents at $3.56.

Metlifecare was up 4 cents at $2.13. An appraisal report says Metlifecare's proposed takeover bid for two of its retirement village competitors is fair to investors.

Auckland International Airport was up 2 cents to $2.53 after announcing a new fee structure and plans to build a new domestic terminal.

Air New Zealand was down 1.5 cents to 85.5 cents after saying the new charges will cost it an extra $65 million over five years.