Ebos block trade rattles index; NZX 50 drops 0.7%

Ebos Healthcare shares rose 2.7% on Tuesday. (Image: File)

Tue, 03 Jun 2025

New Zealand equities bounced around on market close after Ebos Healthcare's index weighting grew following a nearly $1 billion block trade last week. Share volumes amounting to $243.9 million changed hands across the main board on Tuesday as the S&P/NZX 50 fell 0.74% to 12,327.23 points. Just ahead of close, Salt Funds director and portfolio manager, Matthew Goodson, said to expect a lot of movement as nearly $1b was added to Ebos’ weighting in the NZX 50. On Thursday last week, longtime-Ebos shareholder, Syb...

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