NZX Midday Sector Update: Technology Services Soars, Consumer Durables Slide

MT Newswires Live10-22 09:10

Technology services shares gained the most on New Zealand's Exchange, rising almost 2% by midday Thursday.

Shares of Gentrack Group (NZE:GTK, ASX:GTK) rose past 4% in recent trade.

The company said Tuesday that Momentum Energy contracted it to support its more than 200,000 residential and business meter points across Australia following a competitive process.

On the flip side, the consumer durables sector struggled, shedding 3%.

KMD Brands (NZE:KMD, ASX:KMD) shares fell 3% in recent trade.

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