NZ sharemarket closes up more than 1% as heavyweight stocks rally

Fisher and Paykel Healthcare rose 76c to $36.75 after 333,220 shares changed hands. (Image: NZME)

Thu, 17 Jul 2025

The New Zealand sharemarket rallied strongly on Thursday, with heavyweight stock Fisher and Paykel Healthcare helping to drive the market higher.On the main board, the S&P/NZX 50 Index closed up 1.18% or 150.82 points, rising to 12,905.41, with 32.2 million shares changing hands to the value of $124m.The S&P/NZX 20 index closed at 7,566.10, up 1.33%, while the S&P/NZX 10 index ended the day at 12,613.46, rising 1.67%.There were 88 gainers on the main board and 47 decliners.F&P Healthcare looking strongDevon Funds Management head...

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