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Figures tumble in Karaka Select Sale first session

NEW Zealand Bloodstock's three-day Select Sale at Karaka began yesterday with the company describing trade  as "steady" despite figures plummeting across the board.

In total, 227 of the 681 yearlings catalogued in this session were sold for a total of NZ$5,149,500 (£1,901,876 / €2,052,214). The average price was NZ$35,514 (£13,114 / €14,151), which was 41 per cent down on the overall average of the sale last year.


The median price of NZ$30,000 (£11,072 / €11,950) was 37 per cent down on the overall median for the sale last year, which was NZ$48,000.

The clearance rate for this session was 69 per cent, compared to an overall clearance rate at last year's sale of 79 per cent.

Twin Pine Thoroughbreds consigned the two most expensive lots sold during the opening session. The top lot was a Street Cry filly out of the Ultimilla mare Lowan Behold who was signed for by Twin Pines Thoroughbreds' Andrew Scott. She made NZ$125,000 (£46,219 / €49,902).

The second most expensive lot was a colt by the Summer Squall stallion Postponed and out of the Citidancer mare Miss Rumba. He was purchased by Hong Kong trainer Danny Shum for NZ$120,000 (£44,409 / €47,934).

 

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TOP TEN

STALLION £ TOTAL PRIZE
Galileo £7,085,312
Dark Angel £2,111,243
Dubawi £2,004,572
Kodiac £1,610,887
Nathaniel £1,509,560
Acclamation £1,424,770
Iffraaj £1,421,893
Sea The Stars £1,402,244
Pour Moi £1,282,941
Invincible Spirit £1,253,531