MARKET CLOSE: NZ shares rise; F&P Healthcare crosses $20b threshold

Tue, 30 Jun 2020

New Zealand shares extended yesterday’s gain, following Wall Street's lead overnight and as Fisher & Paykel Healthcare become the NZX’s first $20 billion company. The S&P/NZX 50 Index rose 198.51 points, or 1.8 percent, to 11,451.05. Within the index, 30 stocks rose, 12 fell, and eight were unchanged. Turnover was $293.4 million. Investors continued to react to F&P Healthcare’s record result yesterday, driving its share price up 6.3 percent to $35.60 and giving it a market capitalisation of $20.46 billion - the first homegrown listed co...

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