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 closing out the week on a stronger note, currently up +0.6%, extending its five-day gain to +0.7% and +1.2% over the past month. The index remains up +6.8% year-on-year, with positive sentiment supported by a solid group of 32 gainers against 41 decliners.
THE MAIN GAINERS
Ryman Healthcare (RYM, #18) led the market higher, rising +3%, although it remains down -24% over the last six months and -4% year-on-year. Kathmandu (KMD, #50) also gained +3%, building on a +2% lift over the past five days, though it continues to face significant longer-term pressure, down -29% over the last month and -63% year-on-year. Chorus (CNU, #12) advanced +3%, supported by +6% gains over both the past month and six months, and a strong +23% rise year-on-year. Fletcher Building (FBU, #14) added +3%, extending its five-day gain to +6%, though it remains down -12% over six months and -9% annually.
Ryman Healthcare
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THE MAIN DECLINERS
On the downside, Vista Group (VGL, #47) declined -2%, despite holding a +9% monthly gain, with the stock down -49% year-on-year. SkyCity Entertainment (SKC, #36) fell -2%, continuing its weak trend with declines of -9% over the last month and -41% year-on-year. Sky Network Television (SKT, #46) dropped -2%, trimming some of its strong annual performance, though it remains up +29% year-on-year. Tourism Holdings (THL, #44) eased -1%, with mixed performance reflected in a -3% monthly decline but a solid +42% gain over the past year.
Vista Group
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.2% | -0.3% | -7.1% | -6.8% | +4.1% |
| NZ Top 10 ETF (TNZ) | -0.4% | +0.1% | -5.0% | -4.5% | +0.5% |
| S/P NZX50 ETF (NZG) | +0.9% | +0.7% | -5.0% | -4.3% | +4.5% |
| NZ Dividend ETF (DIV) | +0.6% | +1.1% | -3.7% | +0.0% | +19.4% |
KEY ANNOUNCEMENTS
Contact Energy (CEN, #6) has announced that Chair Rob McDonald will retire at the company’s Annual Shareholder Meeting later this year, with current independent director Jon Macdonald appointed as his successor effective immediately following the meeting. McDonald, who joined the Board in 2015 and has served as Chair since 2018, oversaw key milestones including Contact’s renewable generation expansion and the acquisition of Manawa Energy.
SkyCity Entertainment (SKC, #36) has downgraded its FY26 earnings guidance, citing weaker trading conditions driven by macroeconomic pressures and rising fuel costs, particularly impacting its Auckland and Adelaide operations. The company now expects underlying EBITDA of $180-$190 mln (previously $190–$210 million) and reported EBITDA of $150-$160 mln (previously $170.6–$190.6 mln), while continuing to implement further cost-saving initiatives after already exceeding its $10 mln savings target.
Kathmandu Brands (KMD, #50) has announced a Board transition, with Non-Executive Director Philip Bowman elected as Chair of the Board effective Friday the 1st of May, succeeding David Kirk who signalled his intention to step down on the 31st of March.
NZX50 Energy Sector
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