NZX Midday Sector Update: Communications Soar, Consumer Durables Struggle

MT Newswires Live

2025/05/08

Communications shares gained the most on the New Zealand Exchange, rising 2.4% by midday Thursday.

Chorus (ASX:CNU, NZE:CNU) rose nealy 3% in recent trade.

On the other hand, consumer durables shares dropped nearly 2.9%.

KMD Brands (NZE:KMD, ASX:KMD) drove the decline, with shares dropping 1%.

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