NZ's Meridian Energy rises on strong November retail sales

Meridian Energy

16/12/2025 02:33

** Meridian Energy MEL.NZ rises as much as 2.8% to NZ$5.61; set for strongest session in more than two months

** Stock hits highest since December 9

** Electricity retailer says retail sales volumes in November rose 12.1% y/y

** YTD, MEL falls ~4.9%

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))