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FPH - Fisher & Paykel Healthcare News Story

NZD33.39 1.2  3.8%

Last Trade - 5:59am

Sector
Healthcare
Size
Large Cap
Market Cap £9.50bn
Enterprise Value £9.48bn
Revenue £822.0m
Position in Universe 29th / 1896

BUZZ-Australian health stocks hit over 3-week low as Aussie dollar firms

Mon 22nd February, 2021 12:37am
** Australian healthcare sub-index  .AXHJ  falls as much as
2.5% to its lowest since Jan. 29
    ** Shares of export-reliant healthcare firms, which earn a
large chunk of their revenues abroad, come under pressure as the
Australian dollar rises to its highest since March 2018 vs U.S.
dollar  AUD/ 
    ** Index heavyweight CSL  CSL.AX  gives up as much as 2.9%,
while medical equipment firm Resmed  RMD.AX  eases 2.5%
    ** ASX-listed shares of Fisher & Paykel Healthcare Corp
 FPH.AX  lose 2.4%, while Sonic Healthcare  SHL.AX  drops 2.5%
    ** As of last close, the sub-index had risen 6.4% this year,
compared with a 3.1% increase in the benchmark  .AXJO 

 (Reporting by Arpit Nayak in Bengaluru)
 ((Arpit.Nayak@thomsonreuters.com; +91  80 6182 3472;))
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