NZX Midday Sector Update: Producer Manufacturing Rises, Finance Struggles
Producer manufacturing shares gained the most on New Zealand's Exchange, rising past 4% by midday Tuesday. Skellerup Holdings (NZE:SKL) shares rose almost 6% in recent trade. Skellerup on Tuesday increased its fiscal 2026 net profit after tax guidance to between NZ$64 million and NZ$65 million from a previous range of NZ$57 million to NZ$62 million. Meanwhile, the finance sector fell past 1%. Shares of ANZ Group Holdings (NZE:ANZ, ASX:ANZ) dropped by almost 2% in recent trade.
Producer manufacturing shares gained the most on New Zealand's Exchange, rising past 4% by midday Tuesday.
Skellerup Holdings (NZE:SKL) shares rose almost 6% in recent trade.
Skellerup on Tuesday increased its fiscal 2026 net profit after tax guidance to between NZ$64 million and NZ$65 million from a previous range of NZ$57 million to NZ$62 million.
Meanwhile, the finance sector fell past 1%.
Shares of ANZ Group Holdings (NZE:ANZ, ASX:ANZ) dropped by almost 2% in recent trade.