Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Fewer horses sold at Karaka but clearance rate up

Fewer horses sold at Karaka but clearance rate up

Jan. 30 (BusinessDesk) - New Zealand Bloodstock’s 2013 premier sale wrapped up at Karaka on Tuesday with 323 of the 441 lots sold.

The total raised of $51.05 million was $3.085 million less than in 2012, with 27 fewer horses sold.

The sale average of $158,054 is a 2 percent increase on last year’s figure, while the median was unchanged at $120,000.

The clearance rate of 79 percent was up from 74 percent in 2012.

The top price of $1.975 million on the first day was paid by Ireland’s Tom Magnier for a colt by Fastnet Rock from the Peintre Celebre mare Celebria. It was the fifth highest price ever fetched at Karaka.

The top price of day two was for a colt by stallion Pins from Sayyida (Zabeel), sold to Melbourne trainer Peter Moody for $775,000. It was the highest price ever paid at Karaka for a yearling by the sire.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Trade Plans: Prime Minister's Speech To International Business Forum

"The work to improve public services, build infrastructure, and solve social problems is possible only because we have enjoyed sustained, solid economic growth. A big reason for that is the Government’s consistent agenda of economic reform, and our determination to open up more opportunities for trade with the world." More>>

ALSO:

Media: TVNZ Flags Job Cuts To Arrest Profit Decline

Chief executive Kevin Kenrick said the changes were aimed at creating "a sustainable future video content business for TVNZ in an ever-changing media market." More>>

ALSO:

Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

ALSO:

f work for Pumpkin Patch staff

Retail: Pumpkin Patch Brand, IP Sold To Catch Group

The receivers of failed children's clothing retailer Pumpkin Patch have confirmed that the company's brand and intellectual property have been sold to Australian online retailer Catch Group. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news