NZ sharemarket falls 1.2% despite F&P's record result

The local market followed Wall St, (Image: Getty)

Thu, 28 Nov 2024

Record half-year revenue from heavyweight Fisher and Paykel Healthcare couldn’t stop the New Zealand sharemarket falling more than 1%, while Ryman Healthcare again disappointed investors.Following a down day on Wall Street, the S&P/NZX 50 Index fell at the opening and traded on a reasonably flat line to close at 13,053.56 points, down 159.36 points or 1.21%. There were 33.83 million share transactions worth $135.94m.'Writing is on the wall'Market leader Fisher and Paykel Healthcare declined 57c to $37.85 after reporting r...

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