Westpac Banking Corporation has requested a trading halt on its ordinary shares until the release of its 2023 Full Year Financial Results.
The trading halt will remain in place until the results are released or market open on Tuesday, November 7, 2023.
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The business is reportedly being hit hard by increasing air freight industry competition.
The S&P/NZX 50 Index rose 97.07 points, or 0.8%, to 12,447.68.
Fletcher Building subsidiary Iplex Australia to cover 80% of repair costs.
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