NZ's Mainfreight hits near 6-week high on HY profit jump, positive guidance

Mainfreight

13/11/2018 23:48

** Shares of Mainfreight Ltd  MFT.NZ  rise as much as 4.35
pct to NZ$30.0, their highest since Oct 4  
    ** The freight services provider posts a 30 pct jump in HY
net profit to NZ$55.9 mln ($37.84 mln)  urn:newsml:reuters.com:*:nFWN1XO143
    ** Expects to deliver an improved full year profit 
    ** Stock posts biggest intraday pct gain since May 15 
    ** Stock among top pct gainers on the S&P NZX All Capital
Index  .NZCI 
    ** Shares up 13.2 pct this year, as of last close     
    
   
    ($1 = 1.4771 New Zealand dollars)

 ((Reuters Messaging:
SyedSaifHussain.Naqvi.thomsonreuters.com@reuters.net))