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 is tracking with only a minor +0.2% rise today, but up +1.0% for the month. Year-to-date the index is down -1.3%, but it sits +5.3% higher than this time last year.
THE MAIN GAINERS
42 stocks rise, led by Infratil (IFT, #4), up +2% today. The company has gained +10% over the past month and +15% year-on-year. Gentrack (GTK, #27) added +1% today, though it is down -7% for the week and -20% for the month, while still up +2% year-on-year. Chorus (CNU, #13) also lifted +1%, up +3% over five days, +4% in six months, and +13% year-on-year. Spark (SPK, #11) gained +1%, extending a +3% five-day rise, but remains down -13% over six months and -42% year-on-year.
Infratil
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THE MAIN DECLINERS
Thirty-one stocks decline. Briscoe Group (BGP, #25) leads the retreaters, down -2%, though it is still up +8% for the month and +32% year-on-year. a2 Milk (ATM, #8) slipped -1%, down -3% over five days but up +32% in six months and +17% year-on-year. SkyCity Entertainment (SKC, #35) also fell -1%, dropping -7% in the past week, -32% in six months, and -39% year-on-year. Scales Corp (SCL, #39) eased -1%, down -3% for the month but up +38% year-on-year.
A2 Milk
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.4% | +0.1% | -1.3% | -0.9% | +3.4% |
| NZ Top 10 ETF (TNZ) | -0.5% | +0.4% | -4.0% | -6.8% | -1.2% |
| S/P NZX50 ETF (NZG) | +0.4% | +0.4% | -1.4% | -2.2% | +2.9% |
| NZ Dividend ETF (DIV) | 0% | +0.2% | +1.9% | +2.8% | +7.5% |
KEY ANNOUNCEMENTS
Property for Industry (PFI, #26) has secured the early surrender of GrainCorp Foods NZ’s lease at 92-98 Harris Road, East Tamaki, effective 11 August 2025, with PFI receiving a $5m surrender fee. The move will enable demolition of the existing 7,200 sqm facilities and progression of plans for a large-format industrial redevelopment of around 14,500 sqm, targeting a $45m investment and a 5 Green Star rating. The surrender is expected to deliver an after-tax FY26 AFFO benefit of ~$3.5 million (~0.70 cps). PFI has also lifted FY26 dividend guidance to at least 8.90 cps, the top of its prior range, representing a +3.5% increase on FY25.
Tourism Holdings (THL, #46) will release its financial results for the year ended 30 June 2025 on Monday, 25 August 2025, and will host a webcast and teleconference for analysts and investors at 12:00pm NZT the same day to present its FY25 annual results.
Fletcher Building (FBU, #14) will release its FY25 results before market open on Wednesday, 20 August 2025, followed by an investor and analyst briefing at 11:00am NZT / 9:00am AEST to discuss the results.
Scales Corporation (SCL, #39) will release its interim results for the six months to 30 June 2025 before market open on Monday, 25 August 2025.
NZX50 Property Sector
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Click on the chart title to find more about this sector, including its components.
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