F&P Healthcare rises while energy stocks fall

The S&P/NZX 50 Index advanced 58.88 points, or 0.5 percent, to 12,919.25. Within the index, 31 stocks rose, 16 fell and three were unchanged. Turnover was $307.9 million.

F&P Healthcare led the market higher, climbing 4.5 percent to $33.23 although it has this week been trading at its lowest levels since September. 

“Fisher & Paykel has been relatively volatile, and it can move on anything from a new outbreak of covid, to stimulus, to the currency,” said Jeremy Sullivan, investment adviser at Hamilton Hindin Green.