Daughter of Iffraaj tops first day of Select sale
DAY one of New Zealand Bloodstock’s three-day Select yearling sale saw 139 lots sell for a combined Nz$7,208,000 (clearance rate 69 per cent) and an average of Nz$51,856, just below last year’s final figure for the sale of Nz$52,346. The median of Nz$44,000 was 10 per cent up on last year.
The prices were noticeably lower than the two-day Premier sale, with the top lot – a daughter of Iffraaj – making Nz$290,000 (£139,666/ €163,867) when sold to local trainer Roger James, who campaigned her dam Sayyida, a daughter of Zabeel.
New Zealand Bloodstock’s co-managing director Petrea Vela said: “Buyers are reporting that the market is still very competitive at this session and quality lots are still tough to buy. A few more localbuyers have made their presence felt, which is encouraging, but there are also a number of international buyers who have stayed on from the Premier Sale hoping to find some value. While buyers are being selective in their purchasing, we're hopeful that the quality on offer will encourage some good competition over the next few days."