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NZ shares up as Mainfreight surges to $83

Dan Brunskill
Thu, 29 Jul 2021

Dan Brunskill
Thu, 29 Jul 2021
Two of the biggest stocks on New Zealand’s benchmark index, Mainfreight and Ryman Healthcare had near 4% share price surges after both firms hosted upbeat annual general meetings. The S&P/NZX 50 Index jumped 133.5 points, or 1.1%, to 12,728.85. Turnover was $144 million.Ryman Healthcare told shareholders at its annual general meeting this morning that the June quarter had been its best on record with cash receipts up 82% at $403m.The retirement village operator also announced it had purchased a 13th site in Melbourne. Ryman has f...

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