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Here are the key changes to know about in the New Zealand equity market; NZX50 starts the month with a substantial fall on global risk aversion. There a just 22 gainers today, but 61 decliners

Investing / news
Here are the key changes to know about in the New Zealand equity market; NZX50 starts the month with a substantial fall on global risk aversion. There a just 22 gainers today, but 61 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 index is currently down -1.1%, which leaves a gain of +1.2% over the past five sessions. Year-on-year it has gained +8.2%.

THE MAIN GAINERS
There were only 22 gainers in the first trading day of the week. The main gainers are Michael Hill (+2.9%), Vulcan Steel (+2.3%), Goodman Property (+1.0%), and Port of Tauranga (+1.0%).

Vista Group

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THE MAIN DECLINERS
There were 61 decliners, led by Ryman (-4.0%), Vista (-3.7%), Serko (-3.0%) and Genesis (-2.6%). Market heavyweight F&P Healthcare is down -1.2% so far today.

Channel Infrastructure

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SMARTSHARES EFTs

  1-day 5-day 6-month YTD 1Y
NZ Top 50 ETF (FNZ) -0.1% +1.2% +3.8% -1.6% +5.2%
NZ Top 10 ETF (TNZ) -0.3% +2.6% +4.6% +1.9% +4.1%
S/P NZX50 ETF (NZG) -0.1% +1.9% +4.1% +0.5% +5.4%
NZ Dividend ETF (DIV) -0.2% +0.9% +5.5% -1.1% +15.0%

KEY ANNOUNCEMENTS

Synlait Milk said that it has entered into documentation to provide for certain amendments, waivers and extensions in relation to its syndicated bank facilities. They sought this extension following its recent half year performance update, and ahead of receiving the funds from the sale of its North Island assets, which remains on track for completion on 1 April 2026.

Michael Hill International reported a much better half year result built on rising sales in all its three main markets, and especially in Canada. It posted a half year NPATx profit of $22 mln, up from $17 mln in the same half year period a yeaar ago.

NZX50 Industrial Sector

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Source: NZX
Source: NZX
Source: NZX

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