NZX Midday Sector Update: Non-Energy Minerals Stocks Advance, Distribution Services Sector Struggles

MT Newswires Live
Jul 20

Non-energy minerals stocks advanced nearly 1.7% at midday Monday.

Fletcher Building (NZE:FBU, ASX:FBU) gained nearly 2% in recent trade after the New Zealand Government granted its Golden Bay Cement unit up to NZ$60 million as part of an agreement to support the subsidiary's continued operations in the country.

On the flip side, the distribution services sector struggled, shedding nearly 2%.

Vulcan Steel (NZE:VSL, ASX:VSL) shares fell almost 2% in recent trade.

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