
The Markets
NZ shares fall as earnings disappoint
Thursday 26th of May 2022
The S&P/NZX 50 Index fell 70 points, or 0.6%, to 11,102.84. Turnover was $153 million.
Eroad led the decline, tumbling 8.7% to $2.72 as it gave back half of its pre-result rally.
The stock has almost halved in value this year, driven lower by higher interest rates and the unexpected resignation of its chief executive in April.
Jarden analysts said then that the...
Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.
Latest News
3 min read
2 min read
3 min read
Latest Comments