NZX gains 0.28% as seven companies report earnings

NZX gains 0.28% as seven companies report earnings
Steel & Tube shares fell 4.29% to 67 cents. (Image: Supplied)
Gregor Thompson
New Zealand’s benchmark stock index has risen on a busy day on the exchange, with seven companies filing earnings. The S&P/NZX 50 index gained 0.28% to 13,079.50 points on Monday, with 43.4 million shares changing hands worth about $114.8m. The index is trading up 0.09% for the year, having spent the majority of the last nine months in the red. Craigs Investment Partners’ senior research analyst, Mohandeep Singh, said, except for Sky City Entertainment, which has fallen over 25% since it reported, the disclosures...

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