NZ shares fall with F&P Healthcare

Wed, 11 Aug 2021

New Zealand’s benchmark equity index was dragged lower by its biggest constituent, Fisher & Paykel Healthcare, as it dropped back from a brief rally. The S&P/NZX 50 Index fell 16.16 points, or 0.1%, to 12,748.07. Turnover was $298.4 million.Respirator manufacturer, Fisher & Paykel Healthcare was responsible for the weaker index as it fell 3.5% to $31.80 while the majority of other stocks moved higher.“Against a backdrop of little fresh news, there is a hint of better risk sentiment, as global equity markets stretch...

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