F&P Healthcare drives gain as investors hedged on pandemic

Fri, 13 Nov 2020

Fisher & Paykel Healthcare propped up an otherwise hesitant market as investors turned their attention back to the threat of the escalating global pandemic.The S&P/NZX 50 Index rose 29.55 points, or 0.2 percent, to 12,700.17. Within the index, 30 stocks fell, 15 rose and five were unchanged. Turnover was $156.4 million.Despite the headline gain a majority of stocks were weaker today, the S&P/NZX Mid Cap index, which excludes the 10 biggest stocks, was off 0.8 percent.F&P Healthcare with its near $20 billion market cap makes up a...

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