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Here are the key changes to know about in the New Zealand equity market; Serko, Scales, EBOS, and Gentrack headline the gains; NZX, Vector, Ryman, and Investore are the big decliners

Investing / news
Here are the key changes to know about in the New Zealand equity market; Serko, Scales, EBOS, and Gentrack headline the gains; NZX, Vector, Ryman, and Investore are the big decliners
NZX building ticker

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 looking at ending the day up +0.4%, lifting +0.5% over the past five sessions and +3.3% year‑on‑year.

THE MAIN GAINERS
42 stocks posted gains, all up around +2%. Among NZX50 movers, Serko (SKO, #49) rose +8% over the past five days but remains down -10% over six months and -27% year‑on‑year. Scales Corp (SCL, #34) eased -2% month‑on‑month yet is up +35% over six months and +42% annually. EBOS Group (EBO, #9) slipped -3% in the past five days and is down -25% year‑on‑year. Gentrack (GTK, #36) continued its strong run following recent results, up +32% over the week, though still -22% lower year‑on‑year.

Serko

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THE MAIN DECLINERS
Decliners numbered 39, led by NZX (NZX, #46) down -2%. Vector (VCT, #11), Ryman Healthcare (RYM, #17) and Investore Property (IPL, #48) each fell -1%. Vector is down -5% over five days but up +24% year‑on‑year. Ryman has gained +21% over six months yet remains -33% lower annually. Investore is up +2% over six months and +3% year‑on‑year.

NZX

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SMARTSHARES EFTs

  1-day 5-day 6-month YTD 1Y
NZ Top 50 ETF (FNZ) +0.4% -0.8% +6.9% +3.5% +2.9%
NZ Top 10 ETF (TNZ) +0.3% -0.4% +3.2% -6.1% -5.6%
S/P NZX50 ETF (NZG) +0.1% -0.3% +6.5% +0.7% -0.04%
NZ Dividend ETF (DIV) +0.6% -1.3% +13.5% +11.6% +10.6%

KEY ANNOUNCEMENTS
Synlait Milk (SML) has released its second Integrated Climate Report for FY25, combining sustainability reporting, climate disclosures and greenhouse gas inventory. CEO Richard Wyeth credited farmers for on‑farm progress, while Chair George Adams noted sustainability remained embedded despite slower business progress. Key metrics show Scope 1 and 2 emissions down -6% from FY20 (though up +7% on FY24), on‑farm emissions per tonne of milk solids down -13% from FY20, nitrogen loss off supplier farms down -38% since FY18, and 327,589 native seedlings distributed under the Whakapuāwai programme.

Contact Energy (CEN, #5) has confirmed it will release interim results for the six months to 31 December prior to market opening on Monday the 16th of February 2026.

Port of Tauranga (POT, #10) has confirmed its Stella Passage development consent application has been referred to the fast‑track process by the Minister for Infrastructure, running in parallel with its listed project application currently on hold after a High Court ruling. The Government is seeking to fix a legislative drafting error via an amendment bill, but the Port is pursuing the referral to avoid further delays. CEO Leonard Sampson said shipping services are already being turned away, impacting the economy. The project, deemed of regional and national significance, involves extending container and wharf capacity at Sulphur Point and Mount Maunganui, alongside dredging and minor reclamation, with environmental impacts assessed as minor to negligible though cultural mitigation remains unresolved.

NZX50 Energy Sector

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Source: NZX
Source: NZX
Source: NZX

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