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Here are the key changes to know about in the New Zealand equity market; Gentrack, a2 Milk, Ryman and Precinct are among top NZX50 gainers; while F&P Healthcare, Hallensteins, Chorus and Auckland Airport are the big decliners

Investing / news
Here are the key changes to know about in the New Zealand equity market; Gentrack, a2 Milk, Ryman and Precinct are among top NZX50 gainers; while F&P Healthcare, Hallensteins, Chorus and Auckland Airport are the big 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 trading +0.6% higher today, cutting its five-day decline to -0.4%. On an annual basis, the index has gained +9.7%.

THE MAIN GAINERS
There were 47 gainers on the board, helping push the NZX50 higher in today’s session. Gentrack (GTK, #33) led the advances, rising +5% and lifting the stock to a +14% gain month-on-month, although it remains down -28% year-on-year. a2 Milk (ATM, #7) added +3%, extending its five-day gain to +4% and bringing its annual increase to +33%. Ryman Healthcare (RYM, #19) also climbed +3%, though the stock has fallen -5% over the past five days and remains down -22% year-on-year. Precinct Properties (PCT, #20) gained +3%, despite declining -6% month-on-month and -8% over the past year.

Gentrack

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THE MAIN DECLINERS
Meanwhile, 20 decliners weighed on the equity board, though losses among NZX50 constituents were relatively modest. Fisher & Paykel Healthcare (FPH, #1) slipped -1%, although the stock remains up +2% over the past month and +17% year-on-year. Hallenstein Glassons (HLG, #44) eased -0.5%, but is still up +1% over the past five days and +28% on an annual basis. Chorus (CNU, #13) and Auckland International Airport (AIA, #2) both edged down -0.4%. Chorus has declined -5% over the past six months but retains a +17% year-on-year gain, while Auckland Airport has risen +6% over the past month and +11% compared with this time last year.

Fisher and Paykel Healthcare

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SMARTSHARES EFTs

  1-day 5-day 6-month YTD 1Y
NZ Top 50 ETF (FNZ) +0.4% -0.2% +0.1% -2.1% +6.1%
NZ Top 10 ETF (TNZ) +0.7% +0.2% +2.4% +1.8% +6.1%
S/P NZX50 ETF (NZG) +1.3% +0.4% +1.7% +0.9% +7.5%
NZ Dividend ETF (DIV) +0.9% +0.3% +2.7% -0.5% +15.7%


KEY ANNOUNCEMENTS
Newly listed company Tāiko Critical Minerals (TCM) has released its Listing Profile on the NZX today, supporting the company’s Direct Listing on the NZX Main Board. Tāiko Critical Minerals plans to develop and produce critical minerals including ilmenite, zircon and garnet through a “mine to market” strategy, with resource consents already granted to mine the Coates South Block on the West Coast of the South Island and operate a mineral separation plant at Rapahoe. The company is also eligible to apply for further resource consents under the Fast Track Approvals Act 2024 to extend mining operations into additional nearby blocks.

Click here to read the company's listing profile.

NZX50 Industrial Sector

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Source: NZX
Source: NZX
Source: NZX

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