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 NZX50 IS DOING
The NZX50 has an all positive run today up +0.6% from yesterday. The NZX50 is up +3.5% over the month, gaining +12.5% year-on-year.
THE MAIN GAINERS
There are 36 gainers in the NZX equity markets today. The NZX (NZX, #44) lead up +3.9%. NZX is having a strong year, up +6.4% over the last month, up +17.5% year-on-year. Second is Air New Zealand (AIR, #20) up +2.4%. Facing some severe headwinds with its share price down -27.7% from this time last year. Scales Corp (SCL, #39) gains +2.2% for the day, continuing their gradual rise up +18.7% for the year. Followed by Vulcan Steel (VSL, #30) up +1.9% today, up +16.8% over the month.
NZX
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THE MAIN DECLINERS
There are a total of 45 decliners today, led by another retailer Warehouse Group (WHS, #43) down -3.2%. WHS is up for the month gaining +2.5%, down a huge 27.8% for the year. Goodman Property (GMT, #14) have the next biggest decline down -1.4%. Oceania Healthcare (OCA, #38) is down -1.3% although year-on-year have a slight gain up +6.8%. EBOS Group (EBO, #7) is on the decliners list down -1% but in similar fashion to OCA, sit level with a +1.2% gain year-on-year.
The Warehouse Group
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.4% | +0.1% | +2.7% | +3.1% | +4.9% |
| NZ Top 10 ETF (TNZ) | +0.6% | +0.3% | +8.0% | +6.3% | +10.9% |
| S/P NZX50 ETF (NZG) | +0.6% | +0.6% | +6.6% | +7.1% | +9.8% |
| NZ Dividend ETF (DIV) | -0.1% | -0.2% | +0.7% | -1.9% | -0.2% |
THE KEY ANNOUNCEMENTS
Being AI (BAI) has announced an interest in acquiring Solution Dynamics (SDL). SDL since receiving the proposal have gone into a trading halt. BAI has also announced a capital raise today, with a new Share Purchase Plan (SPP). This SPP will be offered to all shareholders in New Zealand (after issue costs) and will be used for the following initiatives:
- Acquiring complimentary businesses within the IT infrastructure and services
- Investments into technology for the different BAI business divisions
- Launching and development of new charter school initiatives
This will result with up to 9,340,000 new shares being issued at $0.60 per share, and the eligible shareholders will able to purchase up to $50,000 in shares.
NZX50 Consumer Goods Sector
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