NZX50 cracks 12,000 first time ever; Ebos, Auckland Airport earnings lift market
The benchmark index increased 83.83 points, or 0.7 percent, to 12,064.86. Within the index, 27 stocks gained, 15 fell, and eight were unchanged. Turnover was $157.9 million.
Ebos led the market to the new record, rising 3.4 percent to $24.15 on a higher than usual volume of 371,000 shares.
The pharmaceuticals distributor reported a first-half profit of $81.7 million, up from $67 million a year earlier, as the impact of winning the Chemist Warehouse Group contract kicked in from July. It lifted its interim dividend 8.7 percent to 37.5 cents per share.
Peter McIntyre, an investment adviser at Craigs Investment Partners, said the result was better than investors had anticipated and impressed them with a strong outlook.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
![[The Wrap] What the heck is happening at the FMA?](https://goodreturns.publit.io/file/c_fill,w_300,h_200/a6c3bc06-6401-44de-96e2-286c090e132d.jpg)
