Here are the key changes to know about in the New Zealand equity market; F&P Healthcare leads gainers as NZX50 lifts +0.6%; Fletcher, Skellerup and Chorus also rise, offset by declines in SkyCity casino, Kathmandu, Air NZ and Tourism Holdings

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 has risen +0.6% so far today, gaining +1.7% over the past five days. Over the last month the index is up +2.9%, and now sits +7.5% higher year-on-year.

THE MAIN GAINERS
There are 46 gainers in today’s market. The biggest is Fisher & Paykel Healthcare (FPH, #1), climbing +3% today and up +2% over the last five days. Despite a -2% decline over the past six months, FPH is up a strong +24% year-on-year. Fletcher Building (FBU, #14) added +2%, though it remains down -6% for the month. It edges into the green year-on-year with a +1% gain. Skellerup (SKL, #30) also lifted +2%, up +4% over the past five days and +7% for the month — now returning a healthy +30% gain year-on-year. Chorus (CNU, #13) rounds out the top risers, gaining +1% today and +4% over the last month, bringing its annual performance to +11%.

THE MAIN DECLINERS
There are 33 decliners across the board, led by SkyCity Entertainment (SKC, #36), which fell a sharp -5% today and -3% over the past week. The stock is now down a steep -40% year-on-year. Kathmandu Brands (KMD, #50) dropped -3%, slipping -1% in the past five days and -26% over the year. Air New Zealand (AIR, #22) also shed -3% but remains up +6% for the year. Tourism Holdings (THL, #43) declineed -2%, though it still holds a +23% gain over the past 12 months.

SMARTSHARES EFTs

KEY ANNOUNCEMENTS
Infratil (IFT, #4) has set the strike price for its FY2025 final dividend reinvestment plan (DRP) at NZ$10.4298 per share. This reflects a 2% discount to the volume-weighted average price of trades on the NZX over the 10 trading days from 16 June 2025. No adjustments have been made to the strike price. Shareholders who opted into the DRP will receive shares instead of cash when the dividend is paid on 2 July 2025.

Auckland International Airport (AIA, #3) will release its financial results for the year ending 30 June 2025 on Thursday, 21 August 2025. A webcast for analysts and media, hosted by CEO Carrie Hurihanganui and CFO Stewart Reynolds, will take place at 11am on the same day.

The Warehouse Group (WHS, #49) has updated its FY25 EBIT (pre-IFRS16) guidance, now expecting a range between a $5m loss and a $5m profit for the 53 weeks to 3 August 2025. While Q3 sales rose 2.2% year-on-year, Q4 trading has been more challenging due to a delayed winter and subdued consumer confidence. Interim CEO John Journee noted sales improved with colder weather in June, but market conditions continue to pressure margins. The Group says it is making progress on its turnaround plan and will release full FY25 results on 2 October.

Serko (SKO, #48) has announced a renewed technology partnership with Flight Centre Travel Group, extending through to June 2027 with a one-year auto-extension provision. The agreement will see FCTG continue to distribute Serko’s online booking tools and contribute to a dedicated development fund for unique product features. FCTG remains a major contributor to Serko’s booking volumes in Australia and New Zealand. CEO Darrin Grafton says the renewal sets the stage for deeper collaboration and innovation for FCTG customers.

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