NZX Midday Sector Update: Industrial Services Soar, Consumer Durables Sector Struggles

MT Newswires Live

02-19

Industrial services stocks gained the most on the New Zealand exchange, rising past 3% at midday Wednesday after Ventia Service's (ASX:VNT, NZE:VNT) higher 2024 earnings.

Ventia Services Group rose past 7% in recent trade as it posted higher fiscal year 2024 earnings and revenue.

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

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

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