
The Markets
Mainfreight hits one-month high; NZX50 drops
Friday 21st of October 2022
The S&P/NZX 50 index declined 34.86 points, or 0.3%, to 10,797.17.
Across the main board, 43 stocks rose and 84 fell. Turnover was $104.6 million.
Mainfreight climbed as much as 6.2% to $70.11, the highest since Sept 21, after saying it expected first-half revenue to be up by almost a third at $3.01 billion in the 26 weeks to Sept 30, with net profit rising nearly 66% to $30...
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