MARKET CLOSE: NZX50 hits 12k as Ebos, Auckland Airport earnings lift market

Thu, 20 Feb 2020

The S&P/NZX 50 Index broke through 12,000 for the first time after Ebos Group and Auckland International Airport reported strong half-year earnings. 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...

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