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 looking at closing lower, declining -0.5%, extending losses to -1.0% over the last five days. The benchmark index remains under pressure over the medium term, falling -4.2% across six months, although it still held a modest +1.8% gain year-on-year.
THE MAIN GAINERS
There were 37 gainers across the market, led by Stride Property Group (SPG, #40), which rose +2%, despite remaining down -20% over six months and -4% year-on-year. Vector (VCT, #10) also gained +2%, improving to +5% over the last month and +22% year-on-year. Contact Energy (CEN, #5) added +2%, continuing its steady momentum with gains of +4% over the month and +5% year-on-year. a2 Milk (ATM, #8) lifted +1%, although the stock remained down -20% over the last month and -14% year-on-year.
Stride Property Group
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THE MAIN DECLINERS
On the downside, 43 companies declined during the session. Vista Group (VGL, #43) dropped -4%, despite remaining up +16% over the past month. Infratil (IFT, #3) fell -3%, although it continued to hold strong gains of +24% over the month and +29% year-on-year. Gentrack (GTK, #46) eased -2%, remaining sharply lower at -51% over six months and -67% year-on-year, while Spark (SPK, #13) also declined -2%, extending its six-month decline to -12%.
Vista Group
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.3% | -0.8% | -6.3% | -5.7% | -0.2% |
| NZ Top 10 ETF (TNZ) | +0.6% | -1.9% | -4.6% | -3.2% | -3.2% |
| S/P NZX50 ETF (NZG) | -0.5% | -1.5% | -4.8% | -3.7% | -0.7% |
| NZ Dividend ETF (DIV) | +0.3% | -0.5% | -0.01% | +1.5% | +15.8% |
KEY ANNOUNCEMENTS
Pacific Edge (PEB) has successfully completed an upsized NZ$25.4 mln placement at NZ$0.17 per share after strong investor demand, with the company also planning a retail offer of up to NZ$6 mln for eligible shareholders at the same price. The capital raise is intended to support ongoing operations, Medicare re-coverage efforts, product development, and broader adoption of its bladder cancer diagnostic tests across the US and Asia Pacific markets.
Turners Automotive Group (TRA, #34) has confirmed that Group CEO Todd Hunter and Group CFO Aaron Saunders will present the company’s FY26 financial results briefing, followed by a Q&A session, at 10:30am on 21 May 2026.
NZX50 Healthcare Sector
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Click on the chart title to find more about this sector, including its components.
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