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Here are the key changes to know about in the New Zealand equity market; Scales, Channel Infrastructure, Vista, and Argosy gain; Fletcher Building, Goodman Property, Air NZ, and Investore decline

Investing / news
Here are the key changes to know about in the New Zealand equity market; Scales, Channel Infrastructure, Vista, and Argosy gain; Fletcher Building, Goodman Property, Air NZ, and Investore decline
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 NZX 50 INDEX IS DOING
The NZX50 rose marginally, up +0.1% today, though it slipped -1.3% over the past five days. The index is down -5.5% over the last six months but maintained a +6.5% gain year-on-year.

THE MAIN GAINERS
There are 40 gainers in the market. Scales Corp (SCL, #35) climbed +2%, though it’s down -1% over five days. It gained +11% over the month and is up +40% year-on-year. Channel Infrastructure (CHI, #31) also lifted +2%, up +4% over five days, +6% over the month, and +50% year-on-year. Vista Group (VGL, #33) gained +2%, with a +11% rise over six months and a +56% gain year-on-year. Argosy Property (ARG, #29) added +1%, up +4% over the last five days, +7% over six months, and +9% year-on-year.

Scales Corp

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THE MAIN DECLINERS
Of the 29 decliners, Fletcher Building (FBU, #14) was the main faller, down -2% today, -9% over the week, and -10% over the month. Year-on-year, however, it remains up +5%. Goodman Property Trust (GMT, #15) slipped -1%, now down -6% for the year. Air New Zealand (AIR, #21) also dropped -1%, down -5% over the month but up +6% year-on-year. Investore Property (IPL, #46) fell -1%, down -2% over six months, though up +15% over the year.

Fletcher Building

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SMARTSHARES EFTs

  1-day 5-day 6-month YTD 1Y
NZ Top 50 ETF (FNZ) -0.4% -1.0% -5.3% -4.4% +5.1%
NZ Top 10 ETF (TNZ) +0.7% -1.2% -10.3% -9.0% -0.1%
S/P NZX50 ETF (NZG) +0.04% -1.2% -6.5% -5.8% +3.8%
NZ Dividend ETF (DIV) +0.8% +0.5% -1.9% -1.0% +7.4%

KEY ANNOUNCEMENTS
Ryman Healthcare (RYM, #18) and Channel Infrastructure (CHI, #31) both were apart of the Rapids Insight Conference, with both companies releasing their presentations to the NZX. Click on the links below to read the presentations.

Ryman Healthcare
Channel Infrastructure

NZX50 Healthcare Sector

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Source: NZX
Source: NZX
Source: NZX

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