F&P Healthcare props up NZX50

Thu, 25 Nov 2021

New Zealand's main share index edged up on Thursday despite mixed sentiment and as Fisher & Paykel Healthcare surprised with half-year revenue holding steady.The S&P/NZX 50 Index climbed 27.8 points, or 0.2%, to 12,794.61. Turnover was $189 million.Fisher & Paykel, as the index’s biggest stock, was responsible for the bulk of this gain as it climbed 4.9% to $33.78 with 1.1m shares traded.Investors had been expecting the exporter to report significantly lower revenue as pandemic-related sales subsided, however, income only...

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