New Zealand’s sharemarket experienced a relatively calm trading day, punctuated by a positive earnings update from Fisher & Paykel Healthcare. The S&P/NZX 50 Index closed at 13,972.66, a 0.38% increase of 52.84 points, boosted by the healthcare company’s performance. Trading volumes were lower as the market paused following a week of company reporting. Despite the quieter session, the index still managed a nearly 0.9% gain for the entire week. Fisher & Paykel’s upgrade provided a significant positive influence on the market’s overall performance. The late-day rise in broker matching further contributed to the index’s upward trajectory. Overall, the market displayed modest growth, driven primarily by the healthcare sector.

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