NZX Midday Sector Update: Transportation Accelerates, Consumer Durables Fall

MT Newswires Live

2025/05/02

Shares in transportation led the advance of New Zealand's benchmark stock index, with the segment up 3.5% midday Friday.

Mainfreight (NZE:MFT) led its peers as shares jumped 12% following its upbeat fiscal year profit guidance.

Meanwhile, consumer durables lost the most, with the segment down 1.5%.

KMD Brands (NZE:KMD, ASX:KMD) drove the decline, with shares dropping 1.5%.

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