Eroad shares on the road to recovery
Jarden Wealth management director Greg Main said the market would continue to watch economic data but the upcoming US reporting season and Fed meeting at the end of July could mean markets trade “sideways” until then.
The S&P/NZX 50 Index fell 28.9% points or 0.26%, to 11,112.16. Turnover was $115.6 million.
Eroad shares were up, a happy day for the fleet company’s investors as its shares have struggled drastically in the NZ market over the past couple of weeks – falling as low as $1.44.
However, the firm has gained back some of the ground it’s lost and added 24 cents to its share price today where it ended the day up 13% to $2.08.
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