NZ sharemarket celebrates highest single-day rise in over five months

NZ sharemarket celebrates highest single-day rise in over five months
Fisher and Paykel Healthcare surged $1.33 or 2.79% to a 12-month high of $27.87. (Image: Supplied)
Graham Skellern
Strong performances from Fisher and Paykel Healthcare and Ebos pushed the New Zealand sharemarket to its highest single-day rise in over five months – up more than 1%.The S&P/NZX 50 Index climbed steadily in the afternoon before the Anzac Day break and closed at 11,946.43, increasing 143.15 points or 1.21% after reaching an intraday low of 11,784.53. The previous best day was a gain of 1.61% to 11,352.84 on Nov 15.There were 90 gainers and 52 decliners over the whole market on volumes of 28.34 million share transactions worth $95...

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The S&P/NZX 50 Index closed at 11,678.68, down 3.83 points or 0.03%.

Graham Skellern 29 May 2024