NZX Midday Sector Update: Industrial Services Stocks Rise, Utilities Struggle

MT Newswires Live
Feb 20

Industrial services stocks advanced nearly 7% at midday Friday.

Shares of Ventia Services Group (NZE:VNT, ASX:VNT) rose almost 7% in recent trade.

The company on Thursday said that Chief Executive Dean Banks will step down in the fourth quarter as he prepares to return to the United Kingdom.

On the other hand, shares of utility sector firms dropped past 2%.

Mercury (NZE:MCY, ASX:MCY) fell nearly 1% in recent trade.

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