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The energy minerals shares gained the most on New Zealand’s Exchange, rising 6% by midday Wednesday.
Shares of Channel Infrastructure (NZE:CHI) gained almost 6% in recent trade.
The company on Wednesday said it acquired a 25% stake in the Somerton jet fuel pipeline joint venture, operated by ExxonMobil, for AU$14.2 million.
Meanwhile, the consumer durables sector shares fell almost 2%.
Shares of KMD Brands (NZE:KMD, ASX:KMD) fell past 3% in recent trade.