NZ share market moves higher into weekend

Fisher & Paykel Healthcare rose 0.8% to $19.50. (Image: F&P Healthcare)

Fri, 04 Nov 2022

New Zealand shares made marginal gains on Friday after swap rates backed off their highs and Fisher & Paykel Healthcare rose.The S&P/NZX 50 Index rose 46.45 points, or 0.4%, to 11,230.75. Turnover was $94.7 million.Helping drive the market higher was the index's largest stock, Fisher & Paykel Healthcare, which rose 0.8% to $19.50.Jeremy Sullivan, an investment adviser at Hamilton Hindin Greene, said swap rates had fallen modestly throughout the day, which was likely supporting the NZ market.Swap rates climbed yesterday after the...

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