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

Comvita buzzing after takeover bid; NZX 50 up 0.6%
Markets Market Close

Comvita buzzing after takeover bid; NZX 50 up 0.6%

The a2 Milk Company dominated volumes.

Baby Bunting's NZ teething over, posts earnings growth
Retail

Baby Bunting's NZ teething over, posts earnings growth

Baby Bunting plans to open its fifth New Zealand store by year-end.

Contact reports strong profit in tough conditions
Markets

Contact reports strong profit in tough conditions

Geothermal and gas positions offset fall in hydro generation.

Freightways outpaces flat NZ economy with 12.9% profit lift
Markets

Freightways outpaces flat NZ economy with 12.9% profit lift

More than a third of profits now come from across the Tasman.