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 looking to open the week slightly weaker, falling -0.2%, although the benchmark remains up +0.4% over the last five days and +1.0% over the past month. Broader market performance continues to show mixed momentum, with the index down -3.3% over six months while still holding a +3.8% gain year-on-year.
THE MAIN GAINERS
There were 37 gainers across the market, led by Infratil (IFT, #3), which surged +5%, extending its strong rally to +23% over the last five days, +31% over the month, and +36% year-on-year. Fletcher Building (FBU, #14) climbed +3%, recovering from recent weakness despite remaining down -18% over six months and -14% year-on-year. Air New Zealand (AIR, #24) added +2%, while Kathmandu Brands (KMD, #50) also rose +2%, improving +3% over the last five days despite remaining sharply lower over longer timeframes.
Infratil
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THE MAIN DECLINERS
On the downside, 40 companies declined during the session. Ryman Healthcare (RYM, #18) fell -2%, continuing softer momentum with declines of -27% over six months and -12% year-on-year. SkyCity Entertainment (SKC, #39) also dropped -2%, while Summerset (SUM, #20) eased -2%, extending losses to -36% over six months and -32% year-on-year. Auckland Airport (AIA, #4) slipped -2%, although the stock remains up +3% year-on-year.
Ryman Healthcare
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | 0.0% | +0.3% | -5.8% | -5.5% | +0.8% |
| NZ Top 10 ETF (TNZ) | 0.0% | +1.8% | -3.4% | -2.4% | -0.9% |
| S/P NZX50 ETF (NZG) | -0.01% | +0.7% | -4.2% | -3.1% | +0.7% |
| NZ Dividend ETF (DIV) | -0.2% | +1.2% | -0.4% | +1.9% | +18.5% |
KEY ANNOUNCEMENTS
Synlait Milk (SML) has announced the resignation of Independent Director Paul McGilvary, who has served on the Board since 2022 and held several leadership roles including Acting Chair and Chair of the People, Environment and Governance Committee. Synlait thanked McGilvary for his contribution during a challenging period for the company and confirmed that a search for a new Independent Director is already underway ahead of his retirement becoming effective.
NZX50 Food Sector
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Click on the chart title to find more about this sector, including its components.
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