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Here are the key changes to know about in the New Zealand equity market today; Turners and Scales lead the daily gainers; Mainfreight and Kiwi Property are the biggest decliners

Investing / news
Here are the key changes to know about in the New Zealand equity market today; Turners and Scales lead the daily gainers; Mainfreight and Kiwi Property are the biggest decliners
NZX building ticker

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 declined a further -0.3% today putting the index up +7.8% over the last 6-months, up +10.9% year-on-year.

THE MAIN GAINERS
There are currently 39 gainers in the NZX today, the biggest by Turners Automotive Group (TRA, #47) up +2.8%. TRA joined the NZX50 in December 2023. The company has seen a decline of -13.0% over the last 6-months but year-on-year have had a big gain of +22.1%. Scales Corp (SCL, #39) are next on the gainers list up +1.7%. SCL has a loss of -1.9% since this time last month but gain +13% over the half-year and a bigger +14.8% year-on-year. The NZX (NZX, #43) is back yet again, up +1.6%. Over the year it is now up +10.9%. Followed by Goodman Property Group (GMT, #15) up +1.4%.

NZX

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THE MAIN DECLINERS
There are 36 decliners led by Mainfreight (MFT, #6) falling -2.5% today. MFT has now declined -9% for the last month, gaining +8.7% over the year. Kiwi Property Group (KPG, #23) have the second biggest decline down -2.1%, which is the same figure for their monthly decline. KPG stays positive for the last 6-month period gaining +13.4%, up +5.7% year-on-year. SkyCity (SKC, #29) continue their declining performance, down a further -0.7%. As it stands SKC is down -27.4% over the last 6-months, down -30% year-on-year. Auckland Airport (AIA, #3) is also on the list down -2% since yesterday. 

SKYCITY Entertainment

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SMARTSHARES EFTs

  1-day 5-day 6-month YTD 1Y
NZ Top 50 ETF (FNZ) +0.1% -0.3% +3.4% +2.7% +3.4%
NZ Top 10 ETF (TNZ) -0.3% +0.4% +8.3% +6.1% +10.0%
S/P NZX50 ETF (NZG) -0.5% +0.1% +6.5% +6.0% +7.8%
NZ Dividend ETF (DIV) -0.4% -0.5% +1.6% -1.9% -1.9%

 

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