New Zealand Stock Market Today: NZX 50 Scrapes Out Gain as Fisher & Paykel Keeps Shares Afloat
Wednesday saw the New Zealand stock market inch up, as the S&P/NZX 50 managed a slight gain, barely making it into the green. Fisher & Paykel Healthcare, along with the power sector, did enough to counter declines in travel, retail, and dairy shares. It wasn’t a big move, but with a softer tone across the rest of the board and recent pressure on the local benchmark, it counted. The index clawed back 5.901 points to finish at 12,770.300, after dropping 0.86% in the last session. According to Investing.com, 28.78 million shares changed hands on the day. The market started at 12,764.40 and slipped to 12,726.35 at its lowest.