NZ sharemarket ends 5-day run as KMD Brands confirms asset sale talks – Market close

🌐 New Zealand Herald (NZ) —
NZ sharemarket ends 5-day run as KMD Brands confirms asset sale talks – Market close

AI Summary

The New Zealand share market closed down 0.4% after five days of gains, with KMD Brands confirming discussions about a potential asset sale. Early interest from suitors could signal upcoming deals in the market.

The NZX 50 fell 0.4% after five straight gains as KMD reported early suitor interest.

Markets Deals New Zealand sharemarket KMD Brands asset sale market close investment stock market

Read original source →