Here are the key changes to know about in the New Zealand equity market; NZX50 starts week softer, down -0.4%, AirNZ, Sky TV, Stride Property, and Oceania gain, Meridian, Mercury, Infratil, and F&P Healthcare all retreat

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 fell -0.4% to start the week, leaving it down -1.0% over the past five days. The index remains up +8.3% over the last six months and +3.7% year-on-year.

THE MAIN GAINERS
Gains were recorded by 41 stocks, led by Air New Zealand (AIR, #21) up +2%. The airline is down -4% over six months but remains +10% higher year-on-year. Sky Network Television (SKT, #48) also rose +2%, steady over the week and up +19% annually. Stride Property Group (SPG, #36) gained +2%, adding +5% over five days though down -5% for the year, while Oceania Healthcare (OCA, #45) lifted +1%, up +5% for the month but -13% lower year-on-year.

THE MAIN DECLINERS
There were 40 decliners, with Meridian Energy (MEL, #2) down -2%, extending a -5% weekly slide and leaving it -9% lower over the year despite a +4% gain in six months. Mercury Energy (MCY, #5) also dropped -2%, flat over the week but up +13% annually. Infratil (IFT, #4) fell -2%, though it is up +3% over the past month and flat year-on-year. Fisher & Paykel Healthcare (FPH, #1) eased -1.1%, gaining +14% over six months but down -2% compared to a year ago.

SMARTSHARES EFTs

KEY ANNOUNCEMENTS
Channel Infrastructure (CHI, #32) has set the strike price for shares issued under its Dividend Reinvestment Plan (DRP) at $2.2995 per share, reflecting the volume weighted average price over the five trading days from 8 September 2025, less a 1% discount. The company’s 2025 interim ordinary dividend will be paid on 24 September 2025, with participating shareholders receiving new shares in place of a cash dividend.

Spark New Zealand (SPK, #12) has announced changes to its leadership team, effective 1 November 2025, to align with its new five-year strategy. Mark Beder has been appointed Chief Commercial Officer, Greg Clark becomes Chief Customer Officer, and Matt Bain takes on the role of Chief Technology and AI Officer. Leela Ashford has been named Chief Brand and Corporate Affairs Officer, while John Wesley-Smith has been appointed Chief Strategy, Legal, and Regulatory Officer, following the departure of long-serving General Counsel Melissa Anastasiou at the end of 2025. Current Network and Operations Director Renee Mateparae will also leave Spark at year-end, with an external search underway for a new Chief Operating Officer. Stewart Taylor (CFO) and Heather Langton (Chief People Officer) remain in their current roles.

ANZ (ANZ) has reached an agreement with the Australian Securities and Investments Commission (ASIC) to settle regulatory investigations into its Australian Markets and Retail businesses, subject to Federal Court approval. The settlement includes $85mln for ANZ’s role as duration manager in a 2023 Treasury bond issue, plus payments of $40mln for inaccurate reporting to the AOFM, $40mln for failing to disclose inaccurate online saver rates, $40mln for mishandling hardship notices, and $35mln for breaching deceased estate obligations. ANZ Chairman Paul O’Sullivan and CEO Nuno Matos acknowledged the bank’s failings, apologised to affected customers, and said the agreement underscores ANZ’s commitment to stronger accountability, customer care, and sustainable improvements.

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