F&P Healthcare pulls NZX 50 lower

Ventilator humidifier manufacturer, F&P Healthcare closed down 4.2% at $27.34 after oscillating in a wide range throughout the day.

Dan Brunskill

Mon, 08 Mar 2021

New Zealand’s benchmark equity index fell to its lowest level this year as two of its largest stocks, Fisher & Paykel Healthcare and Meridian Energy, dropped significantly. The S&P/NZX 50 Index fell 95.07 points, or 0.8 percent, to 12,085.18. Within the index, 25 stocks fell, 18 rose and seven were unchanged. Turnover was $145 million.The index has now been in decline for six consecutive weeks. Ventilator humidifier manufacturer, F&P Healthcare closed down 4.2% at $27.34 after oscillating in a wide range – tra...

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