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 gearing towards a -0.2% decline today, up +0.5% over the past five days. Year-on-year it remains up +4.4%.
THE MAIN GAINERS
There were 40 gainers today. Kathmandu Brands (KMD, #50) had the biggest rise, up +4%, flat over the past five days, and down -34% year‑on‑year. Sky Network (SKT, #46) gained +3%, declining -3% over the past five days, while its share price is up +24% year‑on‑year. a2 Milk (ATM, #7) rose +2%, down -5% month‑on‑month but still up +57% year‑on‑year. Investore Property (IPL, #47) gained +1%, down -3% on an annual basis.
Kathmandu
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THE MAIN DECLINERS
There were 36 decliners, led by Serko (SKO, #49), which fell -4% today and is down -15% over the past five days and -34% year‑on‑year. EBOS Group (EBO, #10) declined -2%, down -9% month‑on‑month and -40% year‑on‑year. Tourism Holdings (THL, #44) and Freightways Group (FRW, #19) both fell -2%. Tourism Holdings is down -6% for the month but up +27% year‑on‑year, while Freightways is up +5% over the past five days and +35% year‑on‑year.
Serko
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | -0.1% | +0.3% | +3.4% | -2.3% | +1.8% |
| NZ Top 10 ETF (TNZ) | -1.1% | +0.7% | +0.9% | -0.6% | -2.9% |
| S/P NZX50 ETF (NZG) | -0.4% | +0.6% | +2.4% | -0.8% | +1.2% |
| NZ Dividend ETF (DIV) | +0.2% | +0.2% | +6.9% | -0.5% | +10.6% |
KEY ANNOUNCEMENTS
Goodman Property (GMT, #15) has announced the Trust’s acquisition of 37–41 Felix Street in Onehunga, Auckland for $53.5 mln. The 5.1 hectare redevelopment site, purchased from Fletcher Distribution, supports a wide range of modern warehousing options, with CEO James Spence describing the centrally located property as a unique development opportunity aligned with the Trust’s investment strategy. Settlement is expected at the end of May 2026.
NZX50 Property Sector
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Click on the chart title to find more about this sector, including its components.
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