F&P Healthcare has strong year

F&P Healthcare has strong year

25.5.22 Fisher & Paykel Healthcare Corporation’s results for the full year ended 31 March 2022 show another strong performance, although lower than the exceptional Covid-driven sales and earnings spike of 2021. Managing director and CEO Lewis Gradon said, “Over...

Reversal in risk sentiment

After a positive start to the week, risk sentiment is weaker again on the back of concerns about the earnings and growth outlook, says BNZ Markets this morning. This sees weaker global equities and global rates lower, says Jason Wong, senior market strategist....

Selling presssure on ASX

24.5.22 Despite reaching a high of 7165 (0.2%), the market succumbed to selling pressures and finished 0.3% or 20 points lower, to 7129. The local Info Tech sector weighed on the index after it posted its first loss in three days. But the Financials sector managed to...

Market report 24.5.22

24.5.22 The NZ reversed direction today, and down went many of the shares that held the market up on Monday. Mainfreight shed $1.15 at $75.81, Summerset fell 20c at $10.67 and Delegat dropped 40c to $12. Freightways peeled off 36c at $10.50. Energy stocks reversed,...

Bigger interim loss for Gentrack

24.5.22 Gentrack Group, which provides software solutions for utilities and airports, has reported an increased loss in the half-year to 31 March 2022. The first half of the financial year has seen Gentrack make excellent progress in two key areas. Revenue has grown...