The New Zealand sharemarket rose today, following the positive leads from most international markets.
The NZX50 index was up 0.8 per cent or 28.64 points to 3722.18 today. Within the index, 31 stocks rose, ten fell and nine were unchanged.
Asian markets were buoyant with the Japanese Nikkei 225 index up 2 per cent, Hong Kong's Hang Seng index rising 2.4 per cent and the South Korean Kospi up 2.4 per cent.
"There was decent trading in stocks that don't typically see large volumes such as Michael Hill International," Goldman Sachs JBWere institutional broker Peter Sigley said.
The jewellery retailer rose 1.8 per cent to $1.12.
He said Air New Zealand, up 1.35 per cent to $1.13, continued to improve reasonably well.
"The Warehouse's result [net profit $65.1m, down from $76m] was reasonably good but that stock is back a bit [down 1.7 per cent to $2.85]. Maybe the market will not quite believe its guidance for stronger profit next year until it sees it."
OceanaGold rose 3.3 per cent to $3.41. Markets operator NZX Limited was up 2.8 per cent to $1.09. Trade Me Group rose 2.8 per cent to $4.05.
Fisher & Paykel Appliances, the whiteware manufacturer and exporter, was up 2.7 per cent to 75c. SkyCity Entertainment Group, the casino and hotels operator, rose 2.1 per cent to $3.93.
International trucking and logistics firm Mainfreight was up 2 per cent to $9.85. Would-be bank Heartland rose 1.8 per cent to 57c.
Rural services company PGG Wrightson led the declining stocks with a 2.9 per cent fall to 34c.
Outdoor clothing and equipment company Kathmandu Holdings was down 2.2 per cent to $1.75.
Westpac Banking Corp fell 1.5 per cent to $30.33
while ANZ fell 0.45 per cent to $31.06.
Telstra Corp fell 0.8 per cent to $4.90. Infrastructure investment company Infratil was down 0.9 per cent to $2.12. Restaurant Brands, the operator of coffee chain Starbucks, fell 0.4 per cent to $2.29.
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