NZX Midday Sector Update: Distribution Services Stocks Soar, Consumer Durables Struggle

MT Newswires Live

2025/03/06

Distribution services stocks gained the most on the New Zealand exchange, rising nearly 3% midday Thursday.

Vulcan Steel (NZE:VSL, ASX:VSL) shares rose nearly 3% in recent Thursday trade.

On the other hand, consumer durables shares dropped almost 4%.

KMD Brands (ASX:KMD, NZE:KMD) shares fell 1% in recent trade after the company appointed Brent Scrimshaw as group chief executive earlier this week.

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