NZX Midday Sector Update: Consumer Durables Sector Soars, Industrial Services Sector Struggles

MT Newswires Live

02/18

The consumer durables shares gained the most on New Zealand's Exchange, rising 2% on Wednesday.

Shares of KMD Brands (NZE:KMD, ASX:KMD) rose 2% in recent trade.

On the flip side, the industrial services sector struggled, shedding 1%.

Shares of Ventia Services Group (NZE:VNT, ASX:VNT) fell 1% in recent trade.

The company on Wednesday said it extended its contract with Transpower New Zealand for two years to operate, maintain, and provide specialist electrical services across New Zealand's national electricity grid.

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