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 currently up +0.3%, falling -0.5% month-on-month. From this time last year the index has gained +2.9%.
THE MAIN GAINERS
Market movers were evenly balanced today, with 35 gainers and 34 decliners. Among the top performers, all were up +2%. Napier Port Holdings (NPH, #39) rose +5% month‑on‑month, up +16% over six months and +46% year‑on‑year. Vulcan Steel (VSL, #28) lifted +22% over six months and +5% annually, while Property for Industry (PFI, #25) gained +18% over six months and +13% year‑on‑year. Fisher & Paykel Healthcare (FPH, #1) added +3% month‑on‑month but remains down -1% over the year.
Napier Port Holdings
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THE MAIN DECLINERS
On the downside, Gentrack (GTK, #29) fell -3% today, though is up +6% over five days and +15% month‑on‑month, while still -28% lower year‑on‑year. Briscoe Group (BGP, #27) eased -2%, despite a +6% six‑month gain, and is down -3% annually. Summerset Group (SUM, #17) slipped -1% today, up +6% month‑on‑month but down -1% year‑on‑year. Contact Energy (CEN, #5) dropped -4% over the past five days, though remains +5% higher year‑on‑year.
Gentrack
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.1% | -1.1% | +10.5% | +4.1% | +3.1% |
| NZ Top 10 ETF (TNZ) | +0.5% | -1.8% | +4.4% | -5.9% | -5.9% |
| S/P NZX50 ETF (NZG) | +0.5% | -2.2% | +7.8% | +0.7% | -0.4% |
| NZ Dividend ETF (DIV) | +0.2% | -2.7% | +17.7% | +11.6% | +11.6% |
KEY ANNOUNCEMENTS
Air New Zealand (AIR, #20) reported October group capacity up +4.4% year‑on‑year, with Long Haul ASKs down -0.1%, Domestic down -1.5%, and Short Haul International up +17% following the arrival of two new A321 aircraft. Group year‑to‑date underlying RASK improved +0.5% versus the prior year. Short Haul RASK, including Domestic, Tasman and Pacific Islands, was -1.4% lower, with Domestic flat and Short Haul International up +0.5%. Long Haul RASK rose +1.2% year‑on‑year, supported by stronger performance in Asia.
Kiwi Property (KPG, #22) said S&P Global Ratings has revised the outlook on its issuer credit rating from ‘Negative’ to ‘Stable’, affirming its investment‑grade rating at BBB/Stable. The company’s senior secured green bonds remain rated one notch higher at BBB+.
NZX50 Industrial Sector
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