Monday, March 16

Non-Energy Minerals Soar, Finance Struggles


MT Newswires - Shutterstock
MT Newswires -Shutterstock

Non-energy minerals stocks gained the most on New Zealand’s Exchange, rising past 1% at midday Thursday.

Santana Minerals (NZE:SMI, ASX:SMI) saw the sharpest increase in the sector, gaining more than 3% in recent trade.

Meanwhile, finance shares fell past 3%.

Shares of ANZ Group Holdings (NZE:ANZ, ASX:ANZ) drove the decline, falling past 3% in recent trade.

ANZ Group Holdings (NZE:ANZ, ASX:ANZ), Commonwealth Bank of Australia (ASX:CBA), National Australia Bank (ASX:NAB), and Westpac Banking (ASX:WBC, NZE:WBC) have been accused by Market Forces of breaching their climate commitments by providing AU$43.4 billion in funding to coal, oil, and gas clients lacking credible emissions-reduction plans, per a Wednesday statement from the environmental group.



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