Fisher & Paykel Healthcare drives sharemarket up

Fisher & Paykel Healthcare drives sharemarket up
Fisher & Paykel delivered a strong first-half financial result. (Image: NZ Herald)
Tom Raynel
The New Zealand sharemarket closed higher on Wednesday after a strong result from the market’s largest company, Fisher and Paykel Healthcare, and the Reserve Bank of NZ’s cut to the official cash rate.The S&P/NZX 50 Index closed up 0.61% or 81.576 points to 13,562.01 after 34.1 million shares worth $148.9m were traded.The S&P/NZX 20 index was up 0.44%, closing at 7,753.80 points, while the S&P/NZX 10 index ended the day at 12,945.31 after rising 0.91%.There were 67 gainers on the main board and 73 decliners.Hamilton Hind...

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