F&P Healthcare profit-taking drags NZX 50 down

Fri, 30 Oct 2020

New Zealand's headline share index fell today as ongoing coronavirus fears and end-of-month profit taking - notably Fisher & Paykel Healthcare - pushed the market down.The S&P/NZX 50 Index fell 117.33 points, or 1 percent, to 12,084.47. Within the index, 25 stocks rose, 21 fell and four were unchanged. Turnover was $213.1 million.The benchmark index struggled despite global equities stabilising overnight as its biggest constituent fell more than 5 percent. Respiratory humidifier manufacturer F&P Healthcare has been acting a...

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