House Prices

Sharemarket up as rates take a hike

The sharemarket rose in early trading on the back of the widely-anticipated 25 basis point rate rise announced by the Reserve Bank at 9am this morning.

Thursday, September 09th 2004

At 10.10am today the benchmark NZSX-50 gross index was up 4.98 points at 2745.73, while the NZSX-All capital index was up 1.00 points at 913.77.

Telecom was unchanged at 571, but still managed to dominate the market with turnover worth $24.8 million.

Total market turnover by 10.10am today was worth $34.3 million. Just 56 stocks were traded in the time, with 14 rises and 9 falls.

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Property sector still strong in Manawatu

Unity First Home Buyer special	4.09
SBS FirstHome Combo	4.19
ICBC	4.49
Co-operative Bank - First Home Special	4.55
Kainga Ora	4.59
BNZ - Std	4.65
ANZ Special	4.65
Co-operative Bank - Owner Occ	4.65
ASB Bank	4.65
AIA - Go Home Loans	4.65
TSB Special	4.69

China Construction Bank	4.95
Kainga Ora	4.95
ICBC	4.99
Nelson Building Society	5.09
BNZ - Std	5.19
SBS Bank Special	5.19
Westpac Special	5.19
ASB Bank	5.25
AIA - Go Home Loans	5.25
TSB Special	5.25
Kiwibank Special	5.29

Westpac Special	5.49
ICBC	5.65
Kainga Ora	5.69
BNZ - Std	5.79
SBS Bank Special	5.79
Co-operative Bank - Owner Occ	5.89
ASB Bank	5.89
AIA - Go Home Loans	5.89
Kiwibank Special	5.99
TSB Special	5.99
China Construction Bank	5.99

SBS FirstHome Combo	3.29
AIA - Back My Build	3.34
SBS Construction lending for FHB	3.74
CFML 321 Loans	3.95
Co-operative Bank - Owner Occ	4.99
Co-operative Bank - Standard	4.99
ICBC	5.39
Kiwibank - Offset	5.75
Kiwibank Special	5.75
Kiwibank	5.75
Unity Standard	5.79

House Prices

Sharemarket up as rates take a hike

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