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 begins the week on a positive note, climbing +0.5% as buyers returned to the market following last week's close. The index has now gained +1.0% over the past five trading days and is up +5.0% over the past month. While the six-month return sits at a modest +0.2%, the index is now +7.2% higher than it was a year ago, reflecting continued resilience across New Zealand equities.
THE MAIN GAINERS
A total of 41 companies finished higher, with Vista Group (VGL, #43) leading the advance, surging +4% to trim its six-month loss to -10%, while lifting its one-month gain to +12%. Vulcan Steel (VSL, #33) also jumped +4%, despite remaining -2% over five days and -26% across six months, while improving to +3% over the past month. Infratil (IFT, #2) gained +2%, adding to its strong +32% six-month performance and +40% one-year return, alongside a +2% monthly gain. Ryman Healthcare (RYM, #18) rose +2.0%, although it remains -1% over five days, -2% over one month and -24% across six months.
Vista Group
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THE MAIN DECLINERS
On the other side of the ledger, 38 companies closed lower, led by Tourism Holdings (THL, #37), which fell -5% despite remaining +13% over one month, +9% across six months and +29% over the past year. Air New Zealand (AIR, #23) eased -2%, while holding gains of +1% over five days and +5% over one month, although the airline remains -25% over six months and -24% year-on-year. Napier Port Holdings (NPH, #36) slipped -1%, leaving the stock -2% over five days but still +1% over one month and +16% over the past year. Oceania Healthcare (OCA, #44) also lost -1%, extending declines to -2% over five days and -19% across six months, despite remaining +1% higher than a year ago.
Tourism Holdings
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.6% | +0.7% | -3.6% | -3.6% | +2.5% |
| NZ Top 10 ETF (TNZ) | +0.8% | +1.6% | +1.6% | +2.1% | +4.7% |
| S/P NZX50 ETF (NZG) | +0.5% | +0.2% | -1.0% | -0.3% | +4.5% |
| NZ Dividend ETF (DIV) | +0.01% | -1.0% | -2.9% | -2.2% | +8.8% |
KEY ANNOUNCEMENTS
Tāiko Critical Minerals (TCM) has secured a conditional Government funding offer of up to NZ$20 mln to support the construction of a planned $40 mln wet separation plant at its Barrytown Critical Minerals Project on the West Coast. The funding, announced by Resources and Regional Development Minister Shane Jones, is aimed at advancing the project's development and New Zealand's critical minerals sector.
Kiwi Property (KPG, #21) has announced that General Manager Asset Management Linda Trainer will step down in August to relocate to the South Island after eight years with the company. Helen Ronald, currently National Retail Assets Manager, has been appointed as her successor and will take over the role on the 17th of August, ensuring a smooth leadership transition for the company's asset management portfolio.
NZX50 Property Sector
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Click on the chart title to find more about this sector, including its components.
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