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 dipped -0.2% today, was up +2.0% over the last month. Year-to-date the index is down -1.4%, but still holds a +4.5% gain year-on-year.
THE MAIN GAINERS
There are 39 companies in the green. Fletcher Building (FBU, #14) leads the way, gaining +3% today and rising +6% over the last month. Infratil (IFT, #4) climbed +2%, up +7% year-on-year. Precinct Properties (PCT, #21) added +2% today, up +9% year-on-year. Gentrack (GTK, #25) also lifted +2%, gaining +9% over the last year.
Fletcher Building
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THE MAIN DECLINERS
40 stocks close in the red. Vista Group (VGL, #32) declined -2% today, though it's still up +13% over the last six months. Vulcan Steel (VSL, #33) fell -2%, now down -1% over the past year. Kathmandu Brands (KMD, #50) dropped -2%, sitting at a -38% decline year-on-year. Oceania Healthcare (OCA, #41) lost -1%, despite gaining +18% over the last year.
Vista Group
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | 0% | +1.3% | -0.3% | -0.3% | +3.7% |
| NZ Top 10 ETF (TNZ) | -0.3% | +2.4% | -7.3% | -7.3% | -2.7% |
| S/P NZX50 ETF (NZG) | -0.5% | +1.2% | -3.2% | -2.8% | +1.5% |
| NZ Dividend ETF (DIV) | +0.1% | +0.7% | +2.8% | +2.8% | +7.5% |
KEY ANNOUNCEMENTS
The Warehouse Group (WHS) has announced two senior executive appointments. Stefan Knight, previously Financial Director at Spark NZ, will join as Group Chief Financial Officer on 11 August 2025, bringing extensive experience in finance and operational performance. Silv Roest, currently General Counsel and Company Secretary, has been promoted to Chief Legal and Corporate Affairs Officer, effective 1 August 2025. Roest, who joined the company in 2024, will continue as Company Secretary and expand her role to lead legal, compliance, and corporate affairs. CEO Mark Stirton welcomed both appointments as part of the Group's continued leadership strengthening.
Fletcher Building (FBU, #14) has launched a new quarterly update series providing indexed sales volume data across core products such as plasterboard, concrete pipe, frame and truss, aggregates, cement, and residential sales. Managing Director and CEO Andrew Reding noted that volumes peaked in FY22 but have steadily declined since, reflecting challenging conditions in FY25. While volumes are now stabilising, Fletcher does not expect a meaningful recovery until FY27. The initiative aims to improve transparency and shareholder insight across Fletcher’s operating portfolio.
NZX50 Industrial Sector
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