Earnings season brings long-expected good news

Wed, 17 Feb 2021

New Zealand's main share index edged higher as firms such as Ebos Group, NZX and Fletcher Building reported positive earnings results. The S&P/NZX 50 Index rose 63.25 points, or 0.5 percent, to 12,673.97. Within the index, 22 stocks rose, 22 fell and six were unchanged. Turnover was $194.6 million.Grant Williamson, a director at Hamilton Hindin Greene, said earnings season was off to a strong start but it had received a muted response from investors who were anticipating positive reports. “It’s all about investor e...

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