NZX Midday Sector Update: Finance Advances, Energy Minerals Decline
MT Newswires Live
Yesterday
Finance shares gained the most on New Zealand's Exchange, rising almost 3% by midday Tuesday.
Westpac Banking (ASX:WBC, NZE:WBC) gained more than 3% in recent trade as Australian banks' shares rose after an Australian Banking Association report said that scam-fighting tech has been successful in preventing risky transfers.
Meanwhile, non-energy minerals shares fell more than 1%.
Shares of Santana Minerals (ASX:SMI, NZE:SMI) drove the decline, falling more than 2% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.