NZ's Comvita sees best day in 3 months, says products in demand

Comvita

23/03/2020 01:42

** Shares of Comvita Ltd  CVT.NZ  jump as much as 11.8% to
NZ$1.89 after the health products maker touts strong demand for
its products in all its markets
    ** Shares last up 6.5%, on track for their best day since
Dec. 17
    ** Co says no supply or logistic constraints in business at
present; its Fresh-Picked Olive Leaf Extract seeing best sales
in more than seven years  urn:newsml:reuters.com:*:nNZSqxwa
    ** Co postpones capital raise to existing shareholders
    ** Stock is down >40% YTD

 (Reporting by Shashwat Awasthi in Bengaluru)
 ((Shashwat.Awasthi@thomsonreuters.com))