NZ sharemarket lifts as results brighten investors' mood

NZ sharemarket lifts as results brighten investors' mood
Fisher & Paykel provided guidance today. (Image: Fisher & Paykel)
Graham Skellern
Tourism Holdings shone brightly, Fisher and Paykel Healthcare had a volatile day after providing its latest guidance, and a calm New Zealand sharemarket produced a near half percent gain.After trading steadily for most of the day, the S&P/NZX 50 Index had a late surge and closed at 11,528.12, up 49.11 points or 0.43%.There were 76 gainers and 46 decliners on the main board, with 25.17 million shares worth $90.40m changing hands.Tourism Holdings was the day’s best performer, rising more than 12% on a strong annual result that benefited...

More Markets

Comvita buzzing after takeover bid; NZX 50 up 0.6%
Markets Market Close

Comvita buzzing after takeover bid; NZX 50 up 0.6%

The a2 Milk Company dominated volumes.

Baby Bunting's NZ teething over, posts earnings growth
Retail

Baby Bunting's NZ teething over, posts earnings growth

Baby Bunting plans to open its fifth New Zealand store by year-end.

Contact reports strong profit in tough conditions
Markets

Contact reports strong profit in tough conditions

Geothermal and gas positions offset fall in hydro generation.

Freightways outpaces flat NZ economy with 12.9% profit lift
Markets

Freightways outpaces flat NZ economy with 12.9% profit lift

More than a third of profits now come from across the Tasman.