MARKET CLOSE: NZ shares gain as F&P has solid first half

MARKET CLOSE: NZ shares gain as F&P has solid first half
Victoria Young
NZ shares rose as Fisher & Paykel Healthcare gained, cracking $12 billion in market value after lifting first-half profit.  Fisher & Paykel, which raised its annual earnings outlook in October, was up by 1.6 percent to $21.10 after it said first-half earnings were up 24 percent.  Hamilton Hindin Greene advisor Grant Williamson said the result was “strong” although not unexpected.  “That result was pretty much flagged, so not too much of a surprise, which shows in the small price increase we saw today,” he added.   The S&P/NZX50 50 I...

More Markets

Why does NZ suck at building brands
Markets

Eden Bradfield: Why does NZ suck at building brands

Let the French have Fonterra brands, Eden Bradfield writes.

Eden Bradfield 06 Sep 2025
NZ sharemarket ends week up 2.2%
Markets Market Close

NZ sharemarket ends week up 2.2%

The S&P/NZX 50 Index closed at 13,223.53, up 90.32 points or 0.69%.

Graham Skellern 05 Sep 2025
Fletcher Building slashes maximum CEO pay
Markets

Fletcher Building slashes maximum CEO pay

 Total maximum remuneration is now $2m lower at $5.8m.

Rebecca Howard 05 Sep 2025
Westpac NZ eyes monetary policy reform for change-laden RBNZ
Economy

Westpac NZ eyes monetary policy reform for change-laden RBNZ

Westpac NZ puts monetary policy voting in the spotlight.

Staff reporters 05 Sep 2025