16 Jul 2012

NZ market closes lower

10:53 pm on 16 July 2012

The NZX50 closed down 28 points to 3,467 on turnover of $103 million at close on Monday.

The NZ dollar was buying 79.59 US cents, 77.82 Australian cents, 51.10 pence, 62.94 yen and 0.6506 euro. The Trade Weighted Index stood at 72.32.

Fletcher Building was down 10 cents to $5.88, Telecom was down 8 cents to $2.47 and Chorus down 12 cents to $3.16.

Auckland Airport was up half a cent to $2.525, Contact Energy down 1 cent to $4.81, Cavalier Carpet up 5 cents to $1.56 and Diligent down 3 cents to $3.92.

Kathmandu Holdings was up 3 cents to $1.43, Michael Hill up 2 cents to $1.00 and Oceana Gold up 3 cents to $2.40.

Port of Tauranga was up 1 cent to $11.25, Skellerup down 1 cent to $1.43, Sky City up 4 cents to $3.50 and Sky TV down 11 cents to $4.95.

Tower was up 5 cents to $1.65, Trustpower up 1 cent to $7.72 and The Warehouse was unchanged at $2.58.