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

Investors take breath for Fisher & Paykel Healthcare as NZX trades flat
Fisher & Paykel Healthcare is reporting its full year result on Wednesday. (Image: Supplied)
Gregor Thompson
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...

More Markets

NZX down as property company gets key renewal
Markets Market Close

NZX down as property company gets key renewal

ASB Bank has extended the lease for its downtown Auckland site for another nine years.

Tom Raynel 03 Jul 2025
Anna Scott joining Mercer
Markets

Anna Scott joining Mercer

Former Smart boss will replace current Mercer chief executive Martin Lewington.

Staff reporters 03 Jul 2025
Solar still on the rise, Ecotricity says
Markets

Solar still on the rise, Ecotricity says

Commercial solar generation is up almost 300%.

Ian Llewellyn 03 Jul 2025
Expectations of rate cuts boost NZ sharemarket in light trade
Markets Market close

Expectations of rate cuts boost NZ sharemarket in light trade

There were 89 rises and 48 falls on the main board.

Jamie Gray 02 Jul 2025