NZX Midday Sector Update: Health Technology Soars, Consumer Durables Tank

MT Newswires Live

02/23

Health technology stocks gained the most on New Zealand's Exchange, rising almost 2% by midday Tuesday.

Fisher & Paykel Healthcare (NZE:FPH, ASX:FPH) shares climbed almost 6% in recent trade.

The company on Monday said it now expects operating revenue to be about NZ$2.30 billion and net profit after tax to be in the range of about NZ$450 million to NZ$470 million for the fiscal year ending March 31.

On the other hand, consumer durables shares dropped 2%.

KMD Brands (NZE:KMD, ASX:KMD) shares slid 2% in recent trade.

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Paykel Healthcare (NZE:FPH, ASX:FPH) shares climbed almost 6% in recent trade.</p><p>The company on Monday said it now expects operating revenue to be about NZ$2.30 billion and net profit after tax to be in the range of about NZ$450 million to NZ$470 million for the fiscal year ending March 31.</p><p>On the other hand, consumer durables shares dropped 2%.</p><p><a href=\"https://laohu8.com/S/KMD.AU\">KMD Brands</a> (NZE:KMD, ASX:KMD) shares slid 2% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KMD.AU","symbol_name":"KMD Brands Ltd","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2613277739","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2613277739","pubTimestamp":1771808419,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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