Markets from Sharesies
Eroad led the NZX50 lower after delivering a mixed quarterly sales update.
Ebos Group has raised $171 million from its existing retail shareholders after receiving bids worth almost four times what it was seeking.
Ebos will pay about A$1.17 billion for the LifeHealthcare business in New Zealand, Australia and Asia.
Bruce McEwen will step in. He had been going to move into a new role to speed up Fletcher's digitalisation.
Nikko Asset Management in NZ expects Cathie Wood's Ark Innovation fund to be very volatile but thinks that strategy still has a place in its portfolios.