The New Zealand sharemarket sprung into action at the start of the week with prices rising early across a range of stocks.
Around 10.15am the benchmark NZX-50 index was up 9.34 points to 3319.58, within striking distance of the 18-month high 3327 reached last Wednesday. On Friday the index gained 2.5 points.
In early trading today NZ Refining Co lifted 6c to $4.00, Fletcher Building gained 4c to $8.42, fishing company Sanford lifted 4c to $4.45, OceanaGold was up 8c to $3.48, Delegats Group added 3c to $$1.85, Trustpower was up 3c to $7.34.
Infratil gained 2c to $1.79. and Restaurant Brands lifted 2c to $2.17. Telecom was up 1c to $2.22 and Contact Energy lifted 1c to $6.42.
Among the few stocks to fall early, Turners Auctions lost 6c to $1.47, Freightways lost 2c to $3.18, and Auckland Airport was down 1c to $2.01.
- NZPA
Sharemarket starts with a bounce
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