FP Healthcare props up share market

Thu, 22 Apr 2021

A share price spike for Fisher & Paykel Healthcare papered over weakness in the wider market with the majority of share still in decline. The S&P/NZX 50 Index rose 42.14 points, or 0.3%, to 12,577.48. Within the index, 25 stocks fell, 14 rose and 11 were unchanged. Turnover was $126 million.Global market sentiment appeared to have “perked up” overnight without any obvious drivers, said BNZ interest rate strategist Nick Smyth.“After two straight down days, equity markets have rebounded overnight, with the market st...

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