Z Energy leads NZ shares higher

Thu, 29 Apr 2021

Fuel retailer Z Energy propelled the New Zealand share market higher as brokerage firm Jarden reiterated its ‘buy’ recommendation ahead of its full year result. The S&P/NZX 50 Index rose 69.06 points, or 0.5%, to 12,715.2. Within the index, 23 stocks fell, 15 rose and 12 were unchanged. Turnover was $150.5 million.On Thursday next week, Z Energy will report its earnings for the 2021 financial year and Jarden analysts are expecting it to be a winner. They are forecasting full year earnings of $243m at the high end of Z...

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