MARKET CLOSE NZ shares fall; F and P Healthcare, Fletcher drop

Tue, 09 Apr 2013

April 9 (BusinessDesk) – New Zealand shares fell, paced by Fisher & Paykel Healthcare as the kiwi dollar rose, and Fletcher Building, which faces a sluggish market in Australia. The NZX 50 Index fell 1.99 points, or 0.04 percent, to 4395.20. Within the index, 22 stocks rose, 17 fell and 11 were unchanged. Turnover was $112 million. F&P Healthcare, which makes respirators and sleep apnea masks, fell 2.8 percent to $2.47. The manufacturer gets more than 50 percent of its sales in US dollars and the kiwi gained to a two-month high 84.95 US cent...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Property FREE
Money Answers: how much mortgage can I actually afford?
Frances Cook | Sat, 25 Jun 2022

This week, readers ask how they should decide as a family what they can afford in terms of buying a house – and just because you can, should you?

Health
The eyes have it
The Economist | Sat, 25 Jun 2022

Short-sightedness used to be rare. Now it's growing across the globe. Tim Cross, The Economist's technology editor, investigates its rapid rise.

On the Money
On the Money: Don Braid, Fletcher, Steve Newman and more
Victoria Young | Sat, 25 Jun 2022

OTM this week: A bit of matchy-matchy for Don Braid, the reopening of Parliament's lawns, Eroad, Fletcher and more. 

Sponsored
Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

Sponsored
High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.