
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 heading towards closing with a gain, up +0.2%, lifting +2.8% over the week and leaving the index +7.2% higher year‑on‑year.
THE MAIN GAINERS
Among 55 gainers, Oceania Healthcare (OCA, #45), SkyCity Entertainment (SKC, #44), Freightways (FRW, #19) and Kathmandu Brands (KMD, #50) each rose +2%. Oceania is up +12% over six months but remains -7% lower year‑on‑year. SkyCity has fallen -4% in the past month and -49% over the year. Freightways has gained +7% in the past five sessions and is up +49% year‑on‑year, while Kathmandu has risen +8% over the week and +12% for the month but is still down -44% annually.
Oceania Healthcare
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THE MAIN DECLINERS
Of the 33 decliners, a2 Milk (ATM, #7) led with a -2% fall. Despite today’s dip, it is up +6% over the week and +48% year‑on‑year. Auckland International Airport (AIA, #3), Gentrack (GTK, #29) and Serko (SKO, #49) each slipped -1%. AIA is up +3% this week and +6% over the year. Gentrack has fallen -3% in the past five days and -13% year‑on‑year, while Serko has gained +5% over the week but is down -9% annually.
A2 Milk
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SMARTSHARES EFTs
1-day | 5-day | 6-month | YTD | 1Y | |
NZ Top 50 ETF (FNZ) | -0.5% | +2.5% | +8.8% | +4.2% | +5.6% |
NZ Top 10 ETF (TNZ) | -0.6% | +1.7% | +4.6% | -5.3% | -1.6% |
S/P NZX50 ETF (NZG) | -0.1% | +1.7% | +7.2% | +0.9% | +3.8% |
NZ Dividend ETF (DIV) | -0.1% | +2.2% | +20.1% | +13.5% | +14.5% |
KEY ANNOUNCEMENTS
In September, The NZX’s equity market showed mixed dynamics. Total equity securities fell -4.1% year-on-year to 117, while market capitalisation for all equity rose +12.1% to $180.4 bln, representing 41.4% of GDP. Trading activity softened, with 922,484 equity trades, down -1.6%, and $3.605 bln in value traded, down -5.7%, while the average on-market trade size declined -6.6% to $2,611. Equity listings surged, with $7.15 bln listed for the year-to-date, up +2161.5%, and foreign issuer equity raisings jumped +886.7% to $586 mln, offsetting a -2.6% dip in domestic equity raisings. Secondary raisings saw 365 events in September and 2,547 year-to-date, up +63.2%. The S&P/NZX 50 Gross Index rose +7.0% to 13,292, and the Portfolio Index climbed +9.0% to 8,392, reflecting solid index-level performance despite subdued trading volumes.
Turners Automotive Group (TRA, #38) reported strong uptake of its 2025 Employee Share Scheme, with 93,076 new shares issued (0.10% of capital) after staff applied for 117,177 shares. CEO Todd Hunter said 67% of the wider team now hold shares, reflecting high engagement and an “ownership mindset.” The scheme allows permanent staff to invest $1,000 for $2,000 worth of shares after a three‑year vesting period, supported by an interest‑free loan to encourage participation.
Port of Tauranga (POT, #10) said its associate Northport Group has secured Environment Court consent for a planned expansion involving nearly 12 hectares of reclamation, a 250‑metre wharf extension and capital dredging. CEO Leonard Sampson said the decision, alongside the recent Marsden Maritime acquisition, provides a strong platform for Northport’s growth and wider economic benefits for Northland. Construction timing will depend on freight demand and the Government‑backed rail link to Marsden Point.
NZX50 Industrial Sector
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