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

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)
Tom Raynel
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...

More Markets

Vulcan Steel leads as reporting season approaches
Markets Market Close

Vulcan Steel leads as reporting season approaches

The S&P/NZX 50 Index closed 55.30 points higher at 12,889.38.

Jamie Gray 15 Aug 2025
Competition law changing to allow 'beneficial collaboration'
Markets

Competition law changing to allow 'beneficial collaboration'

Confidential submissions to the Commerce Commission will get a 10-year OIA exemption.

Pattrick Smellie 15 Aug 2025
Small cap spotlight: Blackpearl Group
Markets Small Cap Wrap

Small cap spotlight: Blackpearl Group

Founder Nick Lissette says it's patriotic to be listed, but hard work.

NZ sharemarket rises, Vista Group shares fall
Markets Market Close

NZ sharemarket rises, Vista Group shares fall

The New Zealand sharemarket was up on Thursday as most stocks on the main board lifted.

Tom Raynel 14 Aug 2025