The New Zealand sharemarket started the week on a positive note this morning, seemingly shirking last week's woes.
By the end of last week, the NZSX-50 had dropped 80 points on its Monday start after a week of fluctuating action as global sentiment hit home.
The benchmark NZSX-50 gross index
was up 7.85 points to 3607.27 at 10am, while the NZSX all capital index was down 2.87 points to 1037.27.
Shares in Ryman Healthcare were up 7c to 787 on opening, Fletcher Building was up 4c to 906, and whiteware manufacturer Fisher & Paykel Appliances put on 2c to 427 after it reported net profit for the year down 6.7 per cent to $63.9 million last week.
F&P's Healthcare division was also up, gaining 3c to 432, Evergreen Forest had put on 2c to 35, and Contact Energy gained 2c to 480.
Going the other way were Bellwether stock Telecom, down 7c to 456, the Warehouse, losing 6c to 362, Blue Chip Finance down 5c to 80c and Pumpkin Patch losing a cent to 422.
- NZPA
