Ebos leads NZX50 higher for a second day

Ebos leads NZX50 higher for a second day
Ebos was the busiest share on the NZX50. (Image: Getty)
Graham Skellern
Ebos Group, for so long a reliable and consistent performer, led the New Zealand sharemarket to a welcome gain of well over half a percent on the busiest day for company reporting.The S&P/NZX 50 Index gained new momentum at lunchtime and climbed to a close of 11,571.93, up 86.67 points or 0.75%, after reaching a morning low of 11,482.32. It was only the fourth and biggest rise in the past 17 trading days.There were 83 gainers and 40 decliners over the whole market on volumes of 25.42 million share transactions worth $108.76m.Ebos dominated...

More Markets

Your mid-year investment health check
Markets

Simon Robertson: Your mid-year investment health check

What should you really be looking for from your fundie? 

Tourism Holdings stalls as NZ sharemarket ends week on high
Markets Market Close

Tourism Holdings stalls as NZ sharemarket ends week on high

The NZ sharemarket bounced back as large-cap stocks balanced gains and losses.

Tom Raynel 04 Jul 2025
Forsyth Barr shifts Turners Automotive to neutral
Markets

Forsyth Barr shifts Turners Automotive to neutral

The company has delivered five consecutive years of record earnings.

Rebecca Howard 04 Jul 2025
Vital board backs Tait takeover
Markets

Vital board backs Tait takeover

Vital’s board has unanimously recommended that shareholders and option holders accept a full takeover offer from Tait Communications, despite their view that it undervalues the company.In May, Vital shares rallied after it disclosed that Tait, a Christchurch-based critical commun...

Gregor Thompson 04 Jul 2025