NZ sharemarket has big day: up 1.23%

NZ sharemarket has big day: up 1.23%
(Image: Getty)
Graham Skellern
A sharp gain by heavyweight Fisher and Paykel Healthcare pushed the New Zealand sharemarket to its biggest single-day rise in four months.The S&P/NZX 50 Index took off at midday and closed at 12,334.18, up 149.67 points or 1.23% – the previous best single day was a rise of 2.17% on Nov 22.The index has now gained nearly 2.4% over the last five trading days but is still down 4.6% for the year.Volumes were again strong, with 69.9 million shares worth $228.06m changing hands.'A large impact'Fisher and Paykel Healthcare, with the...

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