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Boom Opening Session at Karaka 2018
New Zealand Bloodstock’s Karaka Sale ring saw an excellent opening session of the 2018 National Yearling Sales Series last night. A brand new format saw the first 100 Lots of the new Book 1 go through the ring, with heated bidding setting a positive tone for the new four-day session. A strong buying bench of both overseas and local buyers competed keenly for the selection on offer, with the clearance rate of 81% a good indicator of the strength of the demand. "With no comparable Sale, we won’t get the full measure of the sale from a statistics point of view until the end of the week, but all early indications point to a great week ahead," NZB’s managing director Andrew Seabrook said. "This is probably the best opening session we’ve seen at Karaka to date, and with really good reports on the overall quality on offer this year, and great depth to the buying bench, it bodes well for the momentum to continue." A total of 76 lots were sold for $11.5 million at an average of $151,382, with an extremely pleasing clearance rate of 81%. In total 11 lots sold for $300,000 or more. Two yearlings shared top honours on day one selling for $500,000 apiece. Byerley Park-based training duo Bruce Wallace and Allan Peard secured the top-equal price of the opening session with a colt by More Than Ready out of the Redoute's Choice mare Buckling (Lot 84). The colt is a half-brother to Gr2 winner Ego and is a direct descendant of celebrated blue hen Denise's Joy. The other top lot was the filly by Tavistock x Bagalollies, by Zabeel (Lot 48), a full-sister to Hong Kong Horse of the Year Werther who was knocked down to Dean Hawthorne for $500,000. Meanwhile, Te Akau Racing’s David Ellis emerged as the leading buyer on day one with eight yearlings purchased for $1.03 million at an average of $128,750. Book 1 continues today from 11am (local time) with Lots 101 to 320.