NZ sharemarket gains 1% thanks to F&P Healthcare

Market leader Fisher and Paykel Healthcare increased 59c or 2.15% to $27.99. (Image: Supplied)

Mon, 29 Apr 2024

Fisher and Paykel Healthcare hit a 27-month high as it led the New Zealand sharemarket to a 1% gain on the back of a strong rally on Wall Street. In a familiar pattern, the S&P/NZX 50 Index bounced at lunchtime and traded strongly in the afternoon to close at 11,916.24, up 111.15 points or 0.94%.There were 84 gainers and 56 decliners on the main board, with 31.62 million shares worth $123.2m changing hands.Market leader Fisher and Paykel Healthcare increased 59c or 2.15% to $27.99 on trade worth $34.35m, spurred on by a strong quarterl...

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