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Here are the key changes to know about in the New Zealand equity market; NZX50 slips -0.8%; The Warehouse, Investore, Scales, Vector up - Kathmandu, Gentrack, Vista, Fletcher down
13th Jun 25, 3:00pm
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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 slipped -0.8% so far today, not helped by the mid-East war today to close out the trading week lower by -0.2%, down -1.9% over the past month. Year-on-year, the index gained +5.7%.
THE MAIN GAINERS
There are 28 gainers in the market, led by The Warehouse Group (WHS, #48), which rose +3%. It is down -4% over the past five days but gains +6% over the month, though still sits -23% lower year-on-year. Investore Property (IPL, #44) lifted +2%, up +1% over five days and +11% over the year. Scales Corp (SCL, #37) also gained +2%, adding to a +22% rise over the past six months and now up +35% year-on-year. Vector (VCT, #11) added +1%, with a +9% gain over the year.
The Warehouse Group
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THE MAIN DECLINERS
On the downside, 55 stocks declined, led by Kathmandu Brands (KMD, #50), which fell -3%. It drops -16% over the month and is down -28% year-on-year. Gentrack (GTK, #24) slipped -2%, down -6% in the last five days, but still holds a +16% gain year-on-year. Vista Group (VGL, #33) also fell -2%, though remains up +56% year-on-year. Fletcher Building (FBU, #14) dipped -2%, while holding a +10% gain from this time last year.
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | -0.3% | +0.1% | -1.6% | -3.2% | +4.9% |
| NZ Top 10 ETF (TNZ) | -0.3% | +0.1% | -5.6% | -8.3% | +1.3% |
| S/P NZX50 ETF (NZG) | -0.5% | -0.3% | -2.6% | -4.5% | +3.9% |
| NZ Dividend ETF (DIV) | 0% | +1.1% | -1.1% | -2.0% | +4.4% |
KEY ANNOUNCEMENTS
Radius Residential Care (RAD) reports stronger-than-expected trading for the opening months of FY26, driven by high occupancy (averaging mid-94%), a strong mix of higher-acuity residents, accommodation supplement growth, and improved resale gains. The company expects 1H26 Underlying EBITDA to be between $12m and $15m, up from $10.6m in 1H25, with interest savings over $1m also lifting AFFO and NPAT. Full details will be shared at the 7 August shareholder meeting.
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