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 at a minor gain of +0.6%, up +0.9% over the past five days. Year-on-year it gained +4.5%.
THE MAIN GAINERS
There were 27 gainers on the board today, although advances within the NZX50 were relatively uniform. Air New Zealand (AIR, #24), Investore Property Limited (IPL, #48), Fisher & Paykel Healthcare (FPH, #1) and Heartland Group Holdings (HGH, #26) each gained +2%. Air New Zealand remains under pressure, down -3% over the past five days and -33% year-on-year. Investore Property is down -16% over the past six months and -1% annually, while F&P Healthcare extended its annual gain to +10%. Heartland Group continues to show strong momentum, up +13% over six months and +54% year-on-year.
Air New Zealand
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THE MAIN DECLINERS
Decliners outweighed gainers, with 44 stocks falling and dragging on the index. Tourism Holdings (THL, #44) and Fletcher Building (FBU, #14) both declined -3%. Tourism Holdings is down -15% month-on-month but remains up +18% year-on-year, while Fletcher Building has fallen -7% over the past five days and is down -11% annually. Channel Infrastructure (CHI, #27) and Vulcan Steel (VSL, #31) each dropped -2%, with Channel down -8% over the past five days but still up +45% year-on-year, and Vulcan Steel down sharply at -23% month-on-month and -29% year-on-year.
Tourism Holdings
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.1% | -0.7% | -6.5% | -8.3% | +0.7% |
| NZ Top 10 ETF (TNZ) | 0.0% | +1.1% | -3.5% | -4.5% | +1.1% |
| S/P NZX50 ETF (NZG) | +0.3% | -0.2% | -4.8% | -5.9% | +1.5% |
| NZ Dividend ETF (DIV) | +0.2% | -1.7% | -4.6% | -4.6% | +13.9% |
KEY ANNOUNCEMENTS
Kathmandu Brands (KMD, #50) reported a strong HY26 performance, with group sales rising +7.3% to $505.4 mln and underlying EBITDA increasing significantly to $11.5 mln, up +196.6% year-on-year, reflecting progress from its Next Level transformation programme. Despite this, the Group recorded a statutory NPAT loss of $13.1 mln (underlying loss of $11.5 mln), with margin pressure and higher operating costs impacting earnings, while net debt rose to $94.0 mln. No interim dividend was declared, as the company focuses on strengthening its balance sheet alongside a $65.3 mln equity raise and debt refinancing.
NZX50 Consumer Goods Sector
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Click on the chart title to find more about this sector, including its components.
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