NEW Zealand shares have gained for a second day to a two-month high, led by OceanaGold, which exceeded its gold production forecasts.
The NZX50 advanced 28.668 points or about 0.6 per cent to 4950.339 on Wednesday.
Within the index 26 stock rose, 15 fell and nine were unchanged. Turnover was $107.9 million.
Melbourne-based mining group OceanaGold led the index higher, with the shares up 7.7 per cent to $2.11 after it said it beat its gold production forecasts for 2013.
"When there is any announcement out of a gold company about production rates you do get a knee jerk reaction from the market," said Mark Warminger, portfolio manager at Milford Asset Management.
"That will settle down in the following days and months. Ultimately it depends on the price of gold."
F&P Healthcare shares rose 3.9 per cent to $4.12, the highest the respiratory and sleep apnoea mask makers have been in nearly seven years.
Retirement village operators Ryman Healthcare, Summerset Group and Metlifecare joined the health sector rally.
Ryman was up 0.3 per cent to $8.17, Summerset also lifted 0.3 per cent to $3.65 and Metlifecare gained 0.2 per cent to $4.25
"Healthcare is a safe place to be, in case of any little hiccup in the market, health is seen as safe stock," Mr Warminger said.
Stocks with Australian interests rose as the kiwi dollar weakened against the Australian dollar.
SkyCity Entertainment Group, which has casinos in Darwin and Adelaide, advanced 1.8 per cent to $3.89, Fletcher Building rose 1.1 per cent to $9.16 and outdoor clothing retailer Kathmandu was up three per cent to $3.45.
Telecom shares rose 0.4 per cent to $5.80 after it won the final lot of 4G radio spectrum in the government's auction.
Shares in energy efficient light bulb maker and marketer Energy Mad doubled to an intraday two-year high price of 68 cents, after it said its cost saving bulbs will be sold in the US market through online retailer Amazon. The stock closed at 60 cents, up 76 per cent.
Trade Me Group led the decliners, dropping 1.7 per cent to $4.13 and Diligent Board Member Services fell 1.5 per cent to $4.68.
Anda sedang membaca artikel tentang
OceanaGold leads NZX gains
Dengan url
http://suarabisikan.blogspot.com/2014/01/oceanagold-leads-nzx-gains.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
OceanaGold leads NZX gains
namun jangan lupa untuk meletakkan link
sebagai sumbernya
0 komentar:
Posting Komentar