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New Zealand Stocks Set For Uncertain Open

(RTTNews) - New Zealand stocks will try to shake off the jitters that sent most markets around the world lower on Friday. With little major economic news due early in the week, foreign markets are likely to play a big role in driving New Zealand's direction.

The benchmark NZX-50 Index lost 45.58 points or 1.26 percent to close at 3,558.26.

Total market turnover was valued at NZ$77.1 million dollars.

Most of the blue chip issues moved lower, with Telecom Corporation of New Zealand declined by .04 and Fletcher Building plunging 48 cents, while Contact Energy gained one cent.

Among the other decliners, carpet maker Cavalier fell .07, Pumpkin Patch dropped .08, Port of Tauranga lost .10 and Sky TV was down .07.

Among the few gainers, The Warehouse moved up a penny, Goodman Fielder was .07 higher and casino owner SkyCity Entertainment was up one cent

In trading overseas, Wall Street finished last week with another dose of red ink, with stocks lower across the board.


Sports Calendar

Submit Your Sporting Event

Go online to savannahnow.com/sports/calendar to submit details on your upcoming sporting event. The information could be published in print and online.

THIS WEEK

MONDAY

SWIMMING

The Savannah Swim Team is holding an open registration for its team swimming program during March to children of all ages and abilities. There is a free two-week trial for prospective family members. Practices are at the Chatham County Aquatic Center and the Savannah State University pool. Information: www.swimsst.com or call 912- 927-SWIM.

Georgia Coastal Aquatic Team Open House, 4-7 p.m., Chatham County Aquatic Center. GCAT offers free two-week trial memberships all year long and is sponsoring an open house every Monday, Tuesday and Wednesday during March.


Opening Glance: Web software, services

Internet software and services stocks traded mixed Thursday morning along with the broader market.

Here is how key Internet software and services companies performed Thursday morning:

Google Inc. fell $9.69 to $422.31.

Yahoo Inc. rose a penny to $27.08.

EBay Inc. rose 56 cents to $28.03.

VeriSign Inc. rose 3 cents to $33.39.

Akamai Technologies Inc. fell a penny to $29.36.

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