NZX Midday Sector Update: Non-Energy Minerals Shares Rise, Distribution Services Decline

MT Newswires Live

03/03

Non-energy minerals shares gained the most on New Zealand's Exchange, rising nearly 2% on Tuesday.

Shares of Manuka Resources (NZE:MKR, ASX:MKR) were up past 11% in recent trade.

The company on Monday said it has entered into definitive loan documentation for a $30 million senior secured term facility with Nebari Natural Resources Credit Fund II, LP.

Meanwhile, the distribution services sector fell 2%.

Shares of Steel & Tube Holdings (NZE:STU) dropped by almost 1% in recent trade.

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Tube Holdings (NZE:STU) dropped by almost 1% in recent trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NZ50G.NZ","symbol_name":"S&P/NZX 50","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2616393082","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2616393082","pubTimestamp":1772500688,"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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