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Asia

NZX Midday Sector Update: Transportation Advances, Consumer Durables Fall

Transportation shares gained the most on New Zealand's Exchange, rising past 1% by midday Thursday.Mainfreight (NZE:MFT) gained past 7% in recent trade.The company reported Thursday fiscal 2026 earnings of NZ$2.49 per share, down from NZ$2.72 a year earlier. Analysts polled by FactSet expected earnings of NZ$2.49.Meanwhile, the consumer durables sector fell almost 3%.KMD Brands (NZE:KMD, ASX:KMD) was down nearly 3% in recent trade.

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Asia

Mainfreight Posts Lower Fiscal 2026 Earnings, Revenue Rises; Maintains Final Dividend

Mainfreight (NZE:MFT) reported Thursday fiscal 2026 earnings of NZ$2.49 per share, down from NZ$2.72 a year earlier.Analysts polled by FactSet expected earnings of NZ$2.49.Revenue for the 12 months ended March 31 was NZ$5.38 billion, compared with NZ$5.24 billion a year earlier. Analysts surveyed by FactSet expected NZ$5.47 billion.The company said trading in April and May has been encouraging despite disruption caused by the Middle East conflict and increased fuel prices.The board declared a final dividend of NZ$0.87 per share, unchanged from a year earlier, payable July 17 to shareholders on record as of July 9.

NZE:MFT
Asia

NZX Biggest Gainers

Here are the NZX-listed companies with the biggest gains on Friday.a2 Milk Company (NZE:ATM): +3%, NZ$7.08Summerset Group Holdings (NZE:SUM): +2%, NZ$7.48Delegat Group (NZE:DGL): +2%, NZ$3.80EBOS Group (NZE:EBO): +2%, NZ$20.67PGG Wrightson (NZE:PGW): +1%, NZ$2.15Genesis Energy (NZE:GNE): +1%, NZ$2.44Sky Network Television (NZE:SKT): +1%, NZ$3.12Auckland International Airport (NZE:AIA): +1%, NZ$8.08Mainfreight (NZE:MFT): +1%, NZ$56.05Scott Technology (NZE:SCT): +0%, NZ$2.34

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