Fisher & Paykel Healthcare logo

FPH - Fisher & Paykel Healthcare News Story

NZD33.3 -0.5  -1.5%

Last Trade - 5:59am

Sector
Healthcare
Size
Large Cap
Market Cap £10.03bn
Enterprise Value £10.01bn
Revenue £825.8m
Position in Universe 31st / 1911

Australia shares tumble on Wall Street slide; NZ ends at 3-week low

Mon 5th February, 2018 6:08am
* Financial and material stocks weigh on Australian index 
    * NZ sheds more than 2 pct 
 
 (Updates to close) 
    Feb 5 (Reuters) - Australian shares fell back on Monday, 
dragged down by financial and materials stocks and tracking Wall 
Street which tumbled on fears of resurgent inflation stoked by a 
strong jobs report.  
    The S&P/ASX 200 index  .AXJO  slid 1.6 percent, or 95.2 
points to 6026.2 at the close of trade. The benchmark rose 0.5 
percent on Friday. 
    Financial stocks slipped 1.3 percent, with the 'Big Four' 
banks all losing over 1 percent each. 
    Miners fell 2.5 percent to their lowest close since December 
29 with gold and copper prices slipping as the U.S. dollar 
strengthened on unexpectedly strong employment data.  GOL/  
 MET/L  
    U.S. job growth surged in January and wages recorded their 
largest annual gain in more than 8-1/2 years, bolstering 
expectations that inflation will push higher this year as the 
U.S. economy reaches full employment.  urn:newsml:reuters.com:*:nLNS2DEE6O 
    Index heavyweights BHP Billiton Ltd  BHP.AX  and Rio Tinto 
Ltd  RIO.AX  both shed over 2 percent to close at a five-week 
low.  
    The Australian gold index  .AXGD  lost 2.6 percent, its 
lowest in more than three weeks.  
    The biggest drag on the main index was Resolute Mining Ltd 
 RSG.AX , slumping 9.5 percent to hit a nearly 7-week closing 
low.  
    New Zealand's benchmark S&P/NZX 50 index  .NZ50  fell 2.1 
percent, or 173.46 points, to a three-week closing low of 
8241.83.  
    Healthcare, utility and consumer staple stocks weighed the 
index down, with Fisher & Paykel Healthcare Corporation Ltd 
 FPH.NZ  slipping 3.5 percent to its lowest close since November 
24, and Contact Energy Ltd  CEN.NZ  losing 2 percent.  
    The top loser on the main index, however, was Kathmandu 
Holdings  KMD.NZ , down 3.8 percent, closing at its lowest in 
more than two weeks.  
     
     
     
 
 (Reporting by Christina Martin in Bengaluru; Editing by Eric 
Meijer) 
 ((christina.martin@thomsonreuters.com; +91-80-6749-9182; 
Reuters Messaging: 
christina.martin.thomsonreuters.com@reuters.net)) 
  
((For more information on DIARIES & DATA: 
 U.S. earnings diary   RESF/US    
 Wall Street Week Ahead    .N/O  
 Global Economy Week Ahead  DATA/  
................................................................ 
For latest top breaking news across all markets           NEWS1 )) 
 
Keywords: AUSTRALIA STOCKS/ CLOSE
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.