MARKET CLOSE NZ shares mixed; F and P Healthcare benefits from weak kiwi, AMP drops

Mon, 24 Jun 2013

June 24 (BusinessDesk) – New Zealand shares were mixed, leaving the NZX 50 Index little changed, as Fisher & Paykel Healthcare continued to benefit from a weaker kiwi dollar and AMP issued a profit warning. The NZX 50 rose 0.975 points, or 0.02 percent, to 4364.045. Within the index, 25 stocks rose, 23 fell and two were unchanged. Turnover was $93.9 million. F&P Healthcare, which gets more than 50 percent of sales in US dollars, rose 2.4 percent to $3.49 as the New Zealand dollar traded near its lowest levels in a year. Last month, the compan...

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