Investors take breath for Fisher & Paykel Healthcare as NZX trades flat

Fisher & Paykel Healthcare is reporting its full year result on Wednesday. (Image: Supplied)

Tue, 27 May 2025

The New Zealand benchmark rose modestly as investors caught their breath ahead of a flurry of results and an expected rate cut in the coming days.Share volumes amounting to $104.3 million changed hands across the NZX on Tuesday as the main index, the S&P/NZX 50, rose 0.28% to 12,582.33 points. Mohandeep Singh, a research analyst at Craigs Investment Partners, said budget excitement had cooled down, and attention had turned to the Reserve Bank of NZ's monetary policy statement on Wednesday.“[It] is widely expected to put throu...

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