Telecom shares sank to new a low on the NZ sharemarket today, while rises in Fletcher Building, Contact Energy and other leaders helped carry the market higher.

SkyCity Entertainment has announced a 29.6 per cent or $16.2 million rise in its first half after-tax profit to $71.02m.

New Moon pre-sales have smashed all previous records, and the film is shaping up to be the biggest money-maker of the year.