NZX Midday Sector Update: Transportation Advances, Consumer Durables Fall

MT Newswires Live
May 28

Transportation shares gained the most on New Zealand's Exchange, rising past 1% by midday Thursday.

Mainfreight (NZE:MFT) gained past 7% in recent trade.

The company reported Thursday fiscal 2026 earnings of NZ$2.49 per share, down from NZ$2.72 a year earlier. Analysts polled by FactSet expected earnings of NZ$2.49.

Meanwhile, the consumer durables sector fell almost 3%.

KMD Brands (NZE:KMD, ASX:KMD) was down nearly 3% in recent trade.

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