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Ebos weighs on NZX50 Cullity exits; RBNZ signals more cuts

3 min read

New Zealand’s stock market fell for a second day as Ebos Group tumbled after chief executive John Cullity signalled his exit from the healthcare and animal products maker

The S&P/NZX 50 index declined 17.76 points, or 0.1% to 13,033.36, with turnover on the main board at $167.5 million.

The local market was whipped around as investors weighed up corporate earnings from the likes of Fletche...


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