19 Sep 2011

NZ market falls

8:12 pm on 19 September 2011

The New Zealand stockmarket closed lower on Monday.

The benchmark NZX50 index fell 4 points, or 0.1%, on Monday at 3288 on turnover of $70 million.

In currency markets, at 5.20pm the NZ dollar was at 82.31 US, 80.43 Australian, 52.39 pence, 63.27 yen, and 0.6021 euro. The Trade Weighted Index stands at 72.25.

Fletcher Building fell 14 cents at $7.45, Telecom down 1.5c at $2.56, and Contact Energy is up 5c at $5.27.

Sky City Entertainment was up 3c to $3.51, Sky Network Television is unchanged at $5.38, and Auckland International Airport is up 4.5c at $2.275.

Fisher and Paykel Healthcare rose 1c to $2.24, The Warehouse fell 5c at $3.33.

New Zealand Oil and Gas remains unchanged at 72c.

Satara is unchanged at 55c, after it returned to profit in the six months to the end of June.

Pyne Gould down 3c at 28c.

Xero rose 18c at $2.88.

Heartland New Zealand down 2c to 51c.

Bathurst Resources is down 1c at $1.10 after saying a second appeal has been lodged against resource consents for its escarpment mine in the Buller District on the West Coast.