NZX Midday Sector Update: Distribution Services Soars, Electronic Technology Falls

MT Newswires Live

2025/06/04

Distribution services shares gained the most on the New Zealand Exchange, rising nearly 5% by midday Wednesday.

Rua Bioscience (NZE:RUA) shares rose 8% in recent trade after it reached a settlement in its legal proceedings with Cann Group (ASX:CAN).

Meanwhile, electronic technology shares fell nearly 1%.

ikeGPS Group (ASX:IKE, NZE:IKE) drove the decline, falling 3% in recent trade.

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