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Here are the key changes to know about in the New Zealand equity market; Infratil, Briscoes, Vista, and Summerset lead the gainers as Tourism Holdings, Tower, Skellerup, and Gentrack are the main decliners

Investing / news
Here are the key changes to know about in the New Zealand equity market; Infratil, Briscoes, Vista, and Summerset lead the gainers as Tourism Holdings, Tower, Skellerup, and Gentrack 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 NZX50 is gearing for another gain, currently at +0.2% but giving up earlier big gains. In the last five days it has rebounded +2.8%, up +12.5% year-on-year.

THE MAIN GAINERS
The NZX 50 Index pushed higher amid broad-based strength, with 40 gainers on the board. Infratil, Briscoe Group Limited, Vista Group International Limited, and Summerset Group Holdings Limited each rose +2%. Infratil (IFT, #4) is up +5% over the past five days and +28% year-on-year despite a -3% decline over six months, while Briscoe Group (BGP, #30) is down -3% over the past week but up +10% annually. Vista Group (VGL, #47) has gained +4% over five days but remains down -47% year-on-year, and Summerset (SUM, #18) is down -20% over six months and -14% year-on-year.

Infratil

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THE MAIN DECLINERS
Declines were similarly broad, with 41 stocks closing lower. Tourism Holdings and Tower both fell 3%, with Tourism Holdings (THL, #44) down -8% month-on-month but up +38% year-on-year, and Tower (TWR, #40) up +6% over the past month and +45% annually. Skellerup (SKL, #29) and Gentrack (GTK, #36) declined -2%, with Skellerup up +2% month-on-month and +35% year-on-year, while Gentrack is down -16% over the past month and -35% year-on-year.

Tourism Holdings

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SMARTSHARES EFTs

  1-day 5-day 6-month YTD 1Y
NZ Top 50 ETF (FNZ) +0.2% +2.5% -5.6% -4.7% +8.3%
NZ Top 10 ETF (TNZ) +0.2% +2.5% -1.0% -0.5% +8.7%
S/P NZX50 ETF (NZG) -0.04% +2.0% -3.4% -2.3% +9.4%
NZ Dividend ETF (DIV) +0.2% +1.5% -3.6% -1.3% +21.2%

KEY ANNOUNCEMENTS
Scott Technology (SCT) has advised that it will release its HY26 financial results on Wednesday the 15th of  April.

Santana Minerals (SMI) has completed its capital raising with the issuance of 18.9 million fully paid ordinary shares, securing an additional $17.04 mln (before costs) and finalising its A$130 mln placement first announced in February. CEO Damian Spring noted that despite ongoing global market volatility, the company’s project development remains on track, with progress toward final consents and construction targeted for late 2026, supported by strong margins and access to lower-cost hydro-powered energy.

NZX50 Technology Sector

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Source: NZX
Source: NZX
Source: NZX

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