Very quiet day on the NZX as investors await earnings
The benchmark S&P/NZX 50 closed 0.45% higher on Monday at 12,910.74 points. The index has steadily gained since June, but remains over 1% down in the year-to-date.
With 22.7 million shares valued at $74 million changing hands, Salt Funds Management managing director Matt Goodson said it was “a very quiet day of trading”.
“There has been very light turnover in certain names,” he said, highlighting volumes of Fisher & Paykel Healthcare had not reached 50,000 by 4pm.
A late surge helped Fisher & Paykel Healthcare volumes reach 144,000. The stock rose 0.74% to $36.57.
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