24 Jul 2012

NZX follows offshore markets down

1:25 pm on 24 July 2012

The New Zealand sharemarket on Tuesday followed the trend overseas. By 12.20pm, the NZX 50 index was down 15 points, or 0.4%, at 3450 on turnover of $42 million.

But the Australian 200 index was up 9 points, or 0.2%, at 4138.

The New Zealand dollar was trading at 79.06 US cents, 76.90 Australian cents, 50.90 pence, 61.87 yen and 0.6516 euro. The Trade Weighted Index was at 72.82

Fletcher Building was down 1 cent to $5.80, Telecom down 2 cents to $2.52, Chorus down 1 cent to $3.11 and Contact Energy was down 2 cents to $4.84.

Sky City Entertainment Group was down 3 cents to $3.50 and Sky Network TV down 2 cents to $4.90

Auckland Airport Ltd was unchanged at $2.45, Fisher & Paykel Healthcare was down 4 cents to $1.91 andThe Warehouse was up 3 cents to $2.64.

Freightways was down 7 cents to $3.81, Mainfreight down 10 cents to $9.30, Xero down 20 cents at $5.30 and Trade Me down 5 cents to $3.56.

Abano Healthcare was down 4 cents to $4.43, Diligent up 2 cents at $3.99 and Goodman Fielder up 1 cent to 62 cents .