Here are the key things you need to know about in the NZX markets over the past 24 hours. Changes are as at 3:00 pm and may change when the market closes at 4:45 pm.
WHAT THE NZX 50 INDEX IS DOING
The NZX50 rises +0.4% today, extending its five-day gain to +1.5%. Year-on-year, the index is up +4.6%.
THE MAIN GAINERS
Of the 48 gainers, Ryman Healthcare (RYM, #18) leads with a +5% lift. Despite today’s rebound, Ryman is down -10% over the past month and has declined -37% over the year. Argosy Property (ARG, #30) follows with a +3% gain, up +5% for the month and +0.5% year-on-year. Stride Property Group (SPG, #37) also rose +3%, though it's down -13% over six months and -8% from this time last year. EBOS Group (EBO, #6) added +2% today, up +3% over the last five days and +11% year-on-year.
Ryman Healthcare
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THE MAIN DECLINERS
Among the 26 decliners, Kathmandu Brands (KMD, #50) leads losses, down -2%. The stock has fallen -29% over six months and -34% year-on-year. Serko (SKO, #47) dropped -1% today, down -4% over the past week and -7% year-on-year. Fletcher Building (FBU, #14) also slipped -1%, though it remains up +8% over six months and +6% year-on-year. Vulcan Steel (VSL, #28) eased -1%, down -4% over the past year.
Kathmandu
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.5% | +1.9% | -3.8% | -4.1% | +3.2% |
| NZ Top 10 ETF (TNZ) | +0.3% | +2.5% | -7.1% | -8.4% | -1.5% |
| S/P NZX50 ETF (NZG) | +0.9% | +1.7% | -4.8% | -4.8% | +2.4% |
| NZ Dividend ETF (DIV) | +1.4% | +1.7% | -3.0% | -3.0% | +2.3% |
KEY ANNOUNCEMENTS
Infratil (IFT, #4) has opened an Exchange Offer for its 2025 bonds (IFT250), allowing eligible New Zealand holders to swap them for new 7-year fixed-rate infrastructure bonds maturing 16 June 2032 (IFT370), following the completion of its Firm Offer. The interest rate on the new bonds has been set at 6.16% per annum, comprising a 3.86% base rate and 2.30% margin. No oversubscriptions are permitted, and interest on exchanged bonds accrues from 13 June 2025. The new bonds will be quoted on the NZX Debt Market.
Vector (VCT, #12) has confirmed that group chief executive Simon Mackenzie will remain in the role until the end of 2025, extending beyond his original departure date of 30 June to support leadership continuity. The board continues its recruitment process and will update the market once a new chief executive is appointed.
NZX50 Industrial Sector
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Click on the chart title to find more about this sector, including its components.
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