NZ stocks: Fletcher Building down 7 per cent - 2003-04-08
The New Zealand sharemarket had a mixed day with increases more than doubling the number of falls, but the benchmark index fell 0.18 per cent.
The NZ50 gross index fell 3.53 points to close at 1972.06, after starting the day in the black, while the top-40 index decreased 0.54 points, or 0.03 per cent, to 1939.46.
Moderate turnover of 29.46 million stocks, valued at $81.38 million, was topped by Telecom's $32.23 million.
Stephen Wright of ASB Securities said the New Zealand market started off firmly, particularly casino company Sky City which raced up to 830 before retreating to close at 805, up 5c.
Read the full story at The New Zealand Herald