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

There were 58 gainers and 75 decliners over the whole market. (Image: Supplied)

Wed, 29 May 2024

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...

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