Share market posts modest gains

NZPA |10:53am

The New Zealand sharemarket rose early today, following a decline yesterday after nine consecutive days of gains.

NZX 50 Index
3218.876
+5.67
+0.18%
 
NZX 15 Index
5734.226
+7.25
+0.13%
 
NZX 50 Portfolio Index
1964.180
+2.83
+0.14%
 
NZX SciTech Index
729.503
-0.29
-0.04%
 

As at 11:02 am, 10 Mar (20 min delay)

World equities up 73 per cent

Reuters |10:34am

Equities have had a volatile 2010 so far, but globally they remain around 73 per cent higher than the low ebb of the financial crisis exactly 12 months ago.

Govt to end funding guarantee

NZPA | 9:44am

The Government is to close New Zealand's wholesale funding guarantee on April 30, Finance Minister Bill English says.

Business confidence boosts Aussie dollar

AAP | 9:40am

The Australian dollar opened higher after a business confidence survey boosted traders' hopes of an interest rate rise in April.

Kiwi dollar regains lost ground

NZPA

The New Zealand dollar regained lost ground against the greenback and strengthened against the euro, as the European currency declined on concerns peripheral euro zone economies could face debt problems similar to those of Greece.

Market Movers

Biggest Gainers

CUE
0.300
+0.020
+7.14%
OGC
3.590
+0.110
+3.16%
PGC
0.470
+0.010
+2.17%

Biggest Decliners

PEB
0.240
-0.010
-4.00%
NZS
0.390
-0.010
-2.50%
BIT
8.150
-0.150
-1.81%

Market Snapshot


Trading Today
Trades
Volume
Value
355
10,463,337
$25,771,007
 
 
Market Capitalisation
Type
Securities
Capitalisation
(000s)
NZSX
166
$53,311,258
NZDX
122
$15,145,446
NZAX
32
$462,664

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Managed Funds »

Super Fund picks 'catastrophe bonds'

$253m into retail managed funds

Kauri bond raises $225m

Positive month for Super Fund

Economy »

Prepare for next economic crisis - IMF

Meat and dairy boost manufacturing sales

Residential building picks up

House values grow at slower pace

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