sign up log in
Want to go ad-free? Find out how, here.

Here are the key changes to know about in the New Zealand equity market; Vulcan Steel, NZX, Tourism Holdings and Vital Healthcare Property lead gains while Air New Zealand, Mainfreight, Sanford and Auckland Airport headline losses

Investing / news
Here are the key changes to know about in the New Zealand equity market; Vulcan Steel, NZX, Tourism Holdings and Vital Healthcare Property lead gains while Air New Zealand, Mainfreight, Sanford and Auckland Airport headline losses
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 a sharp -0.8%, declining -1.6% over the last five sessions. Year-on-year it is now up +8.7%.

THE MAIN GAINERS
There were 22 gainers in the final trading session of the week. Vulcan Steel (VSL, #30) rose +2%, extending its monthly gain to +5%, although the stock remains down -6% year-on-year. NZX Limited (NZX, #45) added +1%, though it has declined -3% over the past week and -7% compared with the same time last year. Tourism Holdings (THL, #42) also gained +1%, despite falling -7% over the past five trading sessions, while remaining up +37% year-on-year. Vital Healthcare Property (VHP, #23) lifted +1%; the stock is down -10% over the past six months but remains up +7% year-on-year.

Vulcan Steel Limited

Select chart tabs

Source:
Source:
Source:
Source:
Source:

THE MAIN DECLINERS
Decliners were more widespread across the board, more than doubling the number of gainers and contributing to today’s index decline. A total of 46 stocks fell during the session. Air New Zealand (AIR, #21) led the losses, dropping -5% and extending its monthly decline to -10%, leaving the stock down -13% year-on-year. Mainfreight (MFT, #8) fell -3%, down -4% for the month and -9% year-on-year. Sanford (SAN, #38) and Auckland International Airport (AIA, #2) both declined -2%. Despite today’s fall, Sanford remains up +36% over the past six months and +69% year-on-year, while Auckland Airport has gained +15% over the past six months and +6% on an annual basis.

Air New Zealand

Select chart tabs

Source:
Source:
Source:
Source:
Source:

SMARTSHARES EFTs

  1-day 5-day 6-month YTD 1Y
NZ Top 50 ETF (FNZ) -1.3% -1.4% -1.5% -3.0% +4.7%
NZ Top 10 ETF (TNZ) -0.1% +0.7% +1.5% +1.5% +5.2%
S/P NZX50 ETF (NZG) -0.2% -0.1% +1.6% +0.5% +6.1%
NZ Dividend ETF (DIV) -0.2% +0.2% +2.6% -0.5% +16.6%

KEY ANNOUNCEMENTS
The Warehouse Group (WHS) has announced that its FY26 interim results for the 26 weeks ending on the 1st of February will be released on Friday, the 27th of March, with a teleconference scheduled to accompany the announcement.

Briscoe Group (BGP, #31) confirmed that, as a Foreign Exempt entity listed on the ASX, it has complied with and continues to comply with the listing rules of NZX Limited.

NZX50 Consumer Goods Sector

Select chart tabs

Source: NZX
Source: NZX
Source: NZX

Click on the chart title to find more about this sector, including its components.

We welcome your comments below. If you are not already registered, please register to comment

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.