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Here are the key changes to know about in the New Zealand equity market; EBOS, Ryman, Infratil, and F&P Healthcare lead the NZX50 to a strong gain while Serko, Kathmandu, Tourism Holdings, and Tower are the main decliners

Investing / news
Here are the key changes to know about in the New Zealand equity market; EBOS, Ryman, Infratil, and F&P Healthcare lead the NZX50 to a strong gain while Serko, Kathmandu, Tourism Holdings, and Tower are the main 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 set to rise a sharp +1.6% today, still sitting at a steep -3.2% decline over the last five days. Year-on-year it gains +5.9%.

THE MAIN GAINERS
There were 48 gainers on the board today, supporting a firmer market performance. EBOS Group (EBO, #11) led the advances, rising +3%, although the stock remains down -1% over the past five days, -24% over six months, and -40% year-on-year. Ryman Healthcare (RYM, #19) also gained +3%, down -5% over the past five days and -14% annually. Infratil (IFT, #4) lifted +3%, despite being down -12% over the past six months, while remaining up +2% year-on-year. Fisher & Paykel Healthcare (FPH, #1) added +3%, down -7% month-on-month but up +2% over six months and +12% year-on-year.

EBOS Group

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THE MAIN DECLINERS
There were 19 decliners, with the most notable falls within the NZX50 coming from Serko (SKO, #49) and Kathmandu Brands (KMD, #50), both down -3%. Serko is now down -24% month-on-month and -63% year-on-year, while Kathmandu has declined -25% over the past six months and -47% annually. Tourism Holdings (THL, #44) slipped -1%, down -22% for the month but still up +16% year-on-year. Tower Limited (TWR, #41) also eased -1%, while remaining up +26% year-on-year.

Serko

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SMARTSHARES EFTs

  1-day 5-day 6-month YTD 1Y
NZ Top 50 ETF (FNZ) +1.9% -2.7% -3.6% -6.3% +3.6%
NZ Top 10 ETF (TNZ) +0.9% -3.4% -2.8% -4.8% +0.7%
S/P NZX50 ETF (NZG) +2.1% -2.3% -2.7% -4.5% +3.4%
NZ Dividend ETF (DIV) +0.6% -2.1% -1.3% -2.9% +14.9%

KEY ANNOUNCEMENTS
Kathmandu Brands (KMD, #50) has advised a delay to its HY26 results release, which were initially scheduled for today. The company now expects to release its results on the 26th, and no later than 27 March.

Mercury (MCY, #6) has successfully allocated $250 mln of seven-year fixed-rate green bonds following a bookbuild process, with no public pool offered. The bonds carry an interest rate of 5.17% per annum, reflecting a margin of 0.95% over the swap rate, and are scheduled for issue on the 1st of April with maturity on the 1st of April 2033. 

NZX50 Energy Sector

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Source: NZX
Source: NZX
Source: NZX

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