F&P Healthcare, Mainfreight gains not enough to lift NZ sharemarket

F&P Healthcare, Mainfreight gains not enough to lift NZ sharemarket
There were 58 gainers and 75 decliners over the whole market. (Image: Supplied)
Graham Skellern
Heavyweights Fisher & Paykel Healthcare and Mainfreight made gains with pleasing annual results, but they weren’t enough to lift the New Zealand sharemarket higher. The S&P/NZX 50 Index had a sharp fall in the end-of-day matching session and closed at 11,678.68, down 3.83 points or 0.03% after reaching an intraday high of 11,757.9.There were 58 gainers and 75 decliners over the whole market on volumes of 32.63 million share transactions worth $139.11m. Across the Tasman, the S&P/ASX 200 Index had fallen 1.18% to 7675...

More Markets

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
ASX: Australian shares slide to a two-week low as tech drags
Markets

ASX: Australian shares slide to a two-week low as tech drags

Every sector of the Australian share market has lost ground.

AAP 26 Jul 2024
NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
Forsyth Barr initiates full Turners coverage
Markets

Forsyth Barr initiates full Turners coverage

Forsyth Barr says a premium valuation is now warranted. 

Rebecca Howard 26 Jul 2024