Subscribe today - find out more
Why you should consider BusinessDesk
Listed Companies

MARKET CLOSE: NZ shares rise; F&P Healthcare crosses $20b threshold

Dan Brunskill
Tue, 30 Jun 2020

New Zealand shares extended yesterday’s gain, following Wall Street's lead overnight and as Fisher & Paykel Healthcare become the NZX’s first $20 billion company.   The S&P/NZX 50 Index rose 198.51 points, or 1.8 percent, to 11,451.05. Within the index, 30 stocks rose, 12 fell, and eight were unchanged. Turnover was $293.4 million. Investors continued to react to F&P Healthcare’s record result yesterday, driving its share price up 6.3 percent to $35.60 and giving it a market capitalisation of $20.46 billion - the first homegrown listed co...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

America's Cup
Not dead yet: Auckland's America's Cup dream
Pattrick Smellie | Fri, 24 Sep 2021

Reports of the death of Mark Dunphy's bid to keep The America's Cup in Auckland may prove premature, although events this week suggest CPR may be required.

Listed Companies market close
Pacific Edge up 6%; while index dips
Dan Brunskill | Fri, 24 Sep 2021

The NZX 50 index fell as its biggest stock, Fisher & Paykel Healthcare, fell 3.1% back towards its average price of $32 per share.

Retirement villages operate like 'quasi-Ponzi schemes'
Jenny Ruth | Fri, 24 Sep 2021

Retirement village residents' association claims the rule to get legal advice before signing a contract doesn't protect residents – and is used against them.

Demand driven change an easier route to carbon reduction

Taking a demand-driven approach to carbon reduction will naturally bring us into line with government targets.

Kiwi security technology leading the world

Businesses must take advantage of our home-grown, world-leading, internationally-valued cyber defence systems to manage risk.