NZX Midday Sector Update: Commercial Services Advance, Industrial Services Decline

MT Newswires Live

2025/12/15

Commercial services shares gained the most on the New Zealand's Exchange, rising past 3% by midday Monday.

PGG Wrightson (NZE:PGW) gained almost 4% in recent trade after a guidance upgrade.

The company on Monday updated its operating earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance for the year ending June 30, 2026, to around NZ$64 million, up from its previous guidance of over NZ$60 million.

Meanwhile, industrial services shares fell past 2%.

Ventia Services Group (NZE:VNT, ASX:VNT) was down below 2% in recent trade.

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