07.12.09

Shares fall in early trade

The New Zealand NZX-50 fell in early trading today with top stock Telecom leading the downward trend.

Telecom was down 1c to 42.66, with 1.35 million shares traded .

Fletcher Building slid 5c to $6.50, Sky City fell 1c to $2.64, NZ Refining fell 5c to $6.85, Sky Network Television fell 1c to $4.10.

Contact stayed at $5.63.

The benchmark NZX-50 index opened at 2738.282 , after unspectacular trading on Friday, then dropped to 2735.235, or 3.047 points within three minutes …

Read the original article at nzherald

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