New Zealand's Stride Property gains on upbeat half-year results

Stride Property

25/11/2025 22:38

** Shares of Stride Property SPG.NZ rise as much as 1.4% to NZ$1.43, their largest intraday pct gain since October 21

** Stock hits its highest level since November 14

** Investment property manager logs 1HY26 profit after income tax of NZ$42.6 million ($23.94 million), up by NZ$24.2 million compared to last year

** More than 680,000 shares change hands vs 30-day avg volume of around 533,000 shares

** Stock up 8.4% YTD, including the day's moves

($1 = 1.7794 New Zealand dollars)

(Reporting by Nikita Maria Jino in Bengaluru)

((Nikita.Jino@thomsonreuters.com;))