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Here are the key changes to know about in the New Zealand equity market; Briscoes, EBOS, Summerset and Ryman lift among the limited gainers as Tourism Holdings, Fletcher, Infratil and Napier Port weigh on this down market

Investing / news
Here are the key changes to know about in the New Zealand equity market; Briscoes, EBOS, Summerset and Ryman lift among the limited gainers as Tourism Holdings, Fletcher, Infratil and Napier Port weigh on this down market
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 down, currently -0.7%, unchanged over the past week. Month-on-month it has gained +0.5%, up +8.5% year-on-year.

THE MAIN GAINERS
There ware just 16 gainers in today’s session. Briscoe Group (BGP, #31) rose +2%, although the stock remains down -2% over the past five trading sessions. Year-on-year, BGP has gained +4%. EBOS Group (EBO, #10) edged up +1%, despite falling -7% month-on-month and declining -38% over the past year. Summerset Group Holdings (SUM, #18) also added +1%, though the stock is down -10% over the past month and -16% year-on-year. Ryman Healthcare (RYM, #19) similarly advanced +1%, but remains down -14% month-on-month and -23% compared with the same time last year.

Briscoe Group

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THE MAIN DECLINERS
Meanwhile, 57 stocks declined during the session. Tourism Holdings (THL, #42) led the losses, falling -3%, leaving the stock down -8% over the past five days but still up +33% year-on-year. Fletcher Building (FBU, #14) eased -2%, extending its monthly decline to -8%, while remaining up +2% annually. Infratil (IFT, #4) also dropped -2%, with the stock down -9% over the past six months but up +4% year-on-year. Napier Port Holdings (NPH, #39) declined -2%, although it continues to hold a strong +38% gain over the past year.

Tourism Holdings

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SMARTSHARES EFTs

  1-day 5-day 6-month YTD 1Y
NZ Top 50 ETF (FNZ) -0.6% -0.1% +0.1% -2.7% +4.4%
NZ Top 10 ETF (TNZ) -0.6% +0.9% +2.6% +1.5% +5.2%
S/P NZX50 ETF (NZG) -0.5% -0.2% +1.5% -0.04% +5.6%
NZ Dividend ETF (DIV) -0.2% -0.6% +1.8% -1.3% +15.7%

KEY ANNOUNCEMENTS
Genesis Energy (GNE, #16) has opened its fully underwritten 1 for 7.9 pro rata renounceable rights offer to raise approximately NZ$300 mln, part of the equity raising announced on the 23rd of Feb to support its growth pipeline. 

NZX50 Energy Sector

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Source: NZX
Source: NZX
Source: NZX

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