NZX Midday Sector Update: Distribution Services Rise, Consumer Durables Decline

MT Newswires Live
Jun 26

Distribution services shares gained the most on New Zealand's Exchange, rising almost 2% by midday Friday.

Shares of Vulcan Steel (NZE:VSL, ASX:VSL) rose nearly 2% in recent trade.

Meanwhile, the consumer durables sector fell almost 3%.

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

The company on Friday said it refinanced its debt through NZ$208 million in syndicated sustainability-linked, multi-currency revolving credit facilities.

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