KFL – September 2022 monthly update

MKTUPDTE
Mon, Sep 12 2022 09:08 am

Kingfish Limited has provided its September 2022 monthly update.

Update includes:
- commentary from Kingfish Portfolio Manager
- performance to 31 August 2022


Announcement PDF


Markets News

NZ stocks end lower while Eroad tanks
Markets Market Close

NZ stocks end lower while Eroad tanks

The S&P/NZX 50 Index dropped 99.89 points or 0.75% to 13,289.21.

Retail

Macpac NZ profits drop 71% as softer sales hit margins

The sales drop in New Zealand was larger than Kathmandu's.

Macpac NZ profits drop 71% as softer sales hit margins
Markets

Eroad shares slump 23% as it shifts focus from North America

Eroad cuts North America exposure, impairing $150m in assets.

Eroad shares slump 23% as it shifts focus from North America