23 Dec 2011

New Zealand share market down on Thursday

5:33 am on 23 December 2011

The NZX 50 index fell 16 points, or 0.5%, to close at 3207 on turnover of $64 million on Thursday.

At 5.20pm, the dollar was trading at 76.68 US cents, 76.15 Australian cents, 48.97 pence, 59.93 yen and 0.5887 euro. The Trade Weighted Index was at 68.7.

Fletcher Building was down 5 cents at $5.97, Telecom was down 4.5 cents at $1.965, Chorus was up 4 cent at $3.06, and Contact was down 8 cents at $5.12.

Sky City Entertainment was down 3 cents at $3.33 and Sky Network TV was up 14 cents at $5.38.

NZ Refining was down 12 cents at $2.78.

Kathmandu was down 56 cents to $1.64 after saying sales have become increasingly difficult, particularly in Australia, in the Christmas period so far.

Auckland International Airport was up 3 cents to $2.47 and Air New Zealand was up 1 cent to 89 cents.

Restaurant Brands was down 3 cents at $2.02 and Energy Mad was down 3 cents to 80 cents.

The Warehouse was down 9 cents at $3.01.