MARKET CLOSE: NZ shares rise led by F&P, Nuplex

Fri, 29 May 2015

By Suze Metherell May 29 (BusinessDesk) - New Zealand shares rose, led by Fisher & Paykel Healthcare after its annual results beat forecasts. Nuplex Industries extended recent gains. The NZX 50 Index rose 67.312 points, or 1.2 percent, to 5844.949. Within the index, 35 stocks rose, 11 fell and four were unchanged. Turnover was $248 million. F&P Healthcare advanced 4.8 percent to $6.60 after the medical device maker reported annual profit rose 17 percent to $113.2 million, beating earlier forecasts, and said earnings would rise further...

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