NZX Midday Sector Update: Distribution Services Rise, Electronic Technology Declines

Distribution services shares gained the most on New Zealand's Exchange, rising almost 4% by midday Monday. Shares of Vulcan Steel (NZE:VSL, ASX:VSL) rose nearly 4% in recent trade. Meanwhile, the electronic technology sector fell roughly 2%. ikeGPS Group (NZE:IKE, ASX:IKE) shares fell about 2% in recent trade.