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 index is holding relatively flat today and up just +0.1%, declining -1.0% over the past five days, up +4.9% year‑on‑year.
THE MAIN GAINERS
The NZX equity market recorded 41 gainers today, though movements were modest across the NZX50. Fletcher Building (FBU, #14) rose +3%, up +4% over five days and +30% year‑on‑year. Sky Network Television (SKT, #47) also lifted +3%, though down -4% month‑on‑month, while still +41% higher annually. Serko (SKO, #49) gained +3%, up +5% over five days but remains -25% lower year‑on‑year. Ryman Healthcare (RYM, #17) added +2%, up +28% over six months, though down -27% annually.
Fletcher Building
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THE MAIN DECLINERS
Among 34 decliners, Scales Corp (SCL, #35) and EBOS Group (EBO, #9) each fell -2%. Scales dropped -3% over five days but is up +27% over six months and +44% year‑on‑year. EBOS has declined -26% over six months and -25% annually. Tourism Holdings (THL, #44) and Kiwi Property Group (KPG, #22) eased -1%. Tourism Holdings gained +2% over five days and remains sharply higher, up +82% over six months and +39% year‑on‑year. Kiwi Property fell -3% for the month but is still +15% higher annually.
Scales Corp
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.5% | -0.9% | +6.5% | +3.1% | +4.8% |
| NZ Top 10 ETF (TNZ) | +0.7% | -0.6% | +2.4% | -6.3% | -3.1% |
| S/P NZX50 ETF (NZG) | +0.1% | -0.7% | +4.8% | +0.3% | +2.3% |
| NZ Dividend ETF (DIV) | +0.8% | -0.3% | +13.3% | +11.3% | +13.3% |
KEY ANNOUNCEMENTS
Meridian Energy (MEL, #2) has completed its on‑market share buyback announced on the 1st of December, acquiring 500,000 ordinary shares on the NZX Main Board at an average price of NZ$5.6073 per share as part of its FY26 equity plans.
Channel Infrastructure (CHI, #29) has confirmed it will dual list on the Australian Securities Exchange (ASX) on the 19th of December under the ticker ASX: CHI, while retaining its primary listing on the NZX. The ASX Foreign Exempt Listing is intended to broaden access to institutional and retail investors and support the company’s ongoing growth.
Kiwi Property Group (KPG, #22) has announced the resignation of Chief Financial Officer Steve Penney, who will depart the executive team in early 2026 after nearly five years with the company, including three years as CFO. CEO Clive Mackenzie thanked Penney for his role in the strategic and operational transformation of the business, noting his commitment to fostering a high‑performance culture and driving improvements across the company.
NZX50 Energy Sector
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Click on the chart title to find more about this sector, including its components.
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