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NZX Midday Sector Update: Communications Soar, Industrial Services Decline

MT Newswires Live10:02

Communications shares gained the most on the New Zealand Exchange, rising 2% by midday Thursday.

Spark New Zealand (NZE:SPK, ASX:SPK) was the best performer in the sector, rising past 7%.

The dual-listed telecommunications and digital services company on Thursday reported NZ$0.119 in adjusted earnings per share for fiscal 2026, compared with NZ$0.123 a year ago.

Meanwhile, the industrial services sector fell 4%.

Ventia Services Group (NZE:VNT, ASX:VNT) shares fell 3% in recent trade.

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