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.

Read More - Opens in a new window

Property sector still strong in Manawatu

Unity First Home Buyer special	3.95
SBS FirstHome Combo	3.99
TSB Special	4.39
SBS Bank Special	4.49
ICBC	4.49
Co-operative Bank - First Home Special	4.49
Unity Special	4.49
ASB Bank	4.59
ANZ Special	4.59
Nelson Building Society	4.59
Westpac Special	4.59

Nelson Building Society	4.87
BNZ - Std	4.89
Kiwibank Special	4.89
Unity Special	4.89
TSB Special	4.89
SBS Bank Special	4.89
ICBC	4.89
Kainga Ora	4.95
China Construction Bank	4.95
First Credit Union Special	4.95
ASB Bank	5.09

Westpac Special	5.59
ICBC	5.65
Kainga Ora	5.69
TSB Special	5.69
SBS Bank Special	5.69
AIA - Go Home Loans	5.69
ASB Bank	5.69
BNZ - Std	5.79
Co-operative Bank - Owner Occ	5.89
Kiwibank Special	5.89
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
Heartland Bank - Online	5.30
ICBC	5.39
Kiwibank - Offset	5.65
Kiwibank	5.75
Unity Standard	5.79

House Prices

Sharemarket up as rates take a hike

Next Article

Most Read

Top Mortgage Rates

More Stories

RBNZ expects slower house price growth in the current recovery

Queenstown not off the radar for first home buyers

Record levels of first home buyers taking out low deposit loans

Buyers sitting on the sidelines in best time to buy in a decade