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 ends the week soft as the rumbles from the latest Trump tariff belch echos around the world, down -0.6% so far today, down -1.1% over the past six months, but still holding a +5.2% gain year-on-year.
THE MAIN GAINERS
There are 35 gainers on the board today. Ryman Healthcare (RYM, #18) surged +8% after releasing a trading update, gaining +12% over the last five days. However, Ryman is still down -38% over the past six months and -28% year-on-year. Fletcher Building (FBU, #14) lifted +2%, now up +10% over six months and +4% for the year. SkyCity Entertainment (SKC, #37) also riose +2%, gaining +9% in the last five days, though it remains down -34% year-on-year. Briscoe Group (BGP), the newest addition to the NZX50, climbed +1%, up +14% over the last six months and +35% year-on-year.
Ryman Healthcare
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THE MAIN DECLINERS
Meanwhile, 45 stocks finished in the red. Kathmandu Brands (KMD, #50) leads the decliners, down -4% today and -5% over the last five days. Year-on-year it’s down -30%. Turners Automotive (TRA, #39) dipped -1%, though it's up +25% in the last six months and +64% year-on-year. F&P Healthcare (FPH, #1) also slipped -1% today, though it’s up +13% for the year. EBOS Group (EBO, #6) rounds out the losers with a -1% drop, but is still +19% higher year-on-year.
Kathmandu
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.4% | +1.1% | +0.7% | -0.9% | +5.9% |
| NZ Top 10 ETF (TNZ) | -0.9% | -0.9% | -7.2% | -8.9% | -2.9% |
| S/P NZX50 ETF (NZG) | +0.3% | +0.5% | -1.7% | -3.2% | +3.1% |
| NZ Dividend ETF (DIV) | -0.4% | +1.3% | +3.3% | +2.4% | +10.0% |
KEY ANNOUNCEMENTS
Ryman Healthcare (RYM, #18) reports 337 sales of occupation right agreements (ORAs) for the June quarter (Q1 FY26), including 73 new sales and 264 resales—down 11% from the same period last year. Gross contracts have continued to improve, rising to 91% of prior-year comparatives, up from 75% in Q4 FY25. CEO Naomi James says contracting momentum is building, supported by targeted promotions and sales incentives. Occupancy in mature care centres remains strong at 96.2%, and recently opened facilities are filling steadily. FY26 ORA sales are tracking toward the upper end of the company’s 1,100–1,300 guidance.
Chorus (CNU, #13) reports a strong lift in data usage and steady fibre growth in Q4 FY25, with fibre connections up 8,000 to 1.115 million and copper lines down 6,000. Monthly data usage hit a record 671GB in June, with 19% of users consuming over 1TB. Fibre uptake rose to 72.1%, and Chorus completed speed upgrades across entry-level plans in June. The company disconnected 15,000 copper lines during the quarter and remains on track to retire copper in fibre areas by mid-2026. Rural fibre expansion proposals have gained Infrastructure Commission backing, reinforcing Chorus’ push to improve nationwide connectivity.
Contact (CEN, #7) has completed its acquisition of Manawa Energy under the previously agreed Scheme of Arrangement. Manawa shareholders will receive $1.12 in cash and 0.5830 Contact shares per Manawa share held at the 9 July record date. Chair Rob McDonald says the merger strengthens New Zealand’s energy sector by supporting future generation investment and long-term price stability. Manawa will provide an update on bond redemption details on 14 July via the NZX under its MNW ticker.
NZX50 Healthcare Sector
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