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Market report 13.8.19


The NZ sharemarket fought off the influence of declining offshore markets and managed to hold losses today to a modest 17.97 points at 10,854.77 on the NZX50 index. Contact Energy added a further 67c t0 $8.32 after yesterday’s strong results. Delegat rose 132c to $12.10. F&P Healthcare was also up 12c at $16.10 as was Sky City at $4.01. Summerset’s 6% profit gain in  the first half year helped see 6c put on its share price at $5.87. Meridian Energy shed 12c at $4.88 and Auckland Airport came back  by 9c to $9.74. Profit-takers trimmed Hallenstein Glasson 11c to $5.49, making its div yield look even more attractive, Synlait was down 8c at $9.,609 and EROAD fell 7c to $2.92.

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