NZX Midday Sector Update: Distribution Services Inch Up, Health Services Decline

MT Newswires Live
Jan 30

Distribution services shares gained the most on New Zealand's Exchange, rising almost 1% by midday Friday.

Shares of Vulcan Steel (NZE:VSL, ASX:VSL) rose nearly 1% in recent trade.

The company on Friday said it completed the second and final payment under its August 2025 sale and purchase agreement with Francis and Gellatly Holdings, finalizing the acquisition of Roofing Industries.

Meanwhile, the health services sector fell below 1%.

Ryman Healthcare (NZE:RYM, ASX:RYM) was down nearly 2% in recent trade.

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