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 gaining +0.8% today, declining by -4.6% month-on-month. Year-on-year it is up +5.7%.
THE MAIN GAINERS
There were 42 gainers on the board today, supporting a solid uplift in the NZX50. Mainfreight (MFT, #8) led the market higher, rising +6% and up +3% over the past five days, although the stock remains down -6% year-on-year. Infratil (IFT, #4) gained +3%, extending its five-day advance to +6% and lifting its annual gain to +7%. NZX Limited (NZX, #46) added +2%, despite remaining down -10% month-on-month and -15% year-on-year. Summerset Group Holdings (SUM, #18) also rose +2%, though it remains down -12% over the past six months and -18% annually.
Mainfreight
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THE MAIN DECLINERS
A total of 31 decliners limited further upside. Oceania Healthcare (OCA, #43) led the declines, falling -3% and down -11% month-on-month, while remaining up +20% year-on-year. Investore Property (IPL, #48) eased -1%, down -9% over the month and -2% year-on-year. Skellerup (SKL, #30) also declined -1%, down -8% month-on-month but still up +10% annually. a2 Milk (ATM, #7) slipped -1%, declining -4% over the month while maintaining a strong +25% year-on-year gain.
Oceania Healthcare
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.6% | -0.9% | -4.5% | -2.9% | +2.9% |
| NZ Top 10 ETF (TNZ) | +1.1% | +0.9% | -5.0% | -0.7% | +1.9% |
| S/P NZX50 ETF (NZG) | +0.6% | -0.2% | -4.8% | -1.8% | +2.6% |
| NZ Dividend ETF (DIV) | +0.4% | -1.3% | -1.8% | -0.2% | +14.3% |
KEY ANNOUNCEMENTS
Tower Limited (TWR, #41) has appointed Simon Hoole as Interim Chief Financial Officer, effective the 1st of May, subject to regulatory approvals, providing continuity while a permanent appointment is finalised. Mr Hoole brings extensive experience across the insurance and financial services sectors, most recently serving as Group Finance Director at Datacom, while current Interim CFO Angus Shelton will take planned extended leave after supporting the business through a period of significant transformation.
NZX50 Overall
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