The devil will be in the detail of the insurance policies for both SkyCity and Fletcher Building, an investment expert says as firefighters continue to fight the blaze at the International Convention Center.

This morning Fletcher opened down another 15c, or 3.2 per cent at $4.50 and SkyCity is down 12c, or 3.1 per cent at $3.75. However, by 2pm SkyCity had recovered to be down 4c, or 1.03 per cent, at $3.83 while Fletcher shares were up 5c, or 1.08 per cnet at $4.70.

READ MORE:
Fire at SkyCity Convention Centre: Workers flee giant blaze, black smoke chokes Auckland

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