MARKET CLOSE: NZ shares gain; a2 hits new record, F&P climbs on patent deal

Thu, 21 Feb 2019

By Paul McBeth Feb. 21 (BusinessDesk) - New Zealand shares rose for a second day as a2 Milk reached a record following its strong earnings yesterday and Fisher & Paykel Healthcare jumped on the end of a costly, long-running patent dispute. The S&P/NZX 50 index climbed 51.37 points, or 0.6 percent, to 9,300.81. Within the index, 22 stocks rose, 22 fell, and six were unchanged. Turnover was $177.5 million. F&P Health led the market higher, rising 6.8 percent to $14.29 on volume of 1.4 million shares, more than twice its average. The br...

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