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 trading lower, down -0.8% extending its weekly decline to -1.0%. Despite the softer session, the index remains up +2.0% over the past month and +7.4% over the past year, although it has eased -1.0% over the past six months.
THE MAIN GAINERS
There were 36 gainers across the index, led by Skellerup Holdings (SKL, #28), which jumped +6% for the day to extend its gains to +7% over the past week, +7% over the past month, +32% over six months and +40% over the past year. Kiwi Property Group (KPG, #21) climbed +2%, while remaining up +2% over the past month despite sitting -10% lower over six months and -3% over the past year. Tower (TWR, #40) added +1%, building on a +2% weekly gain and an +18% increase over the past 12 months despite remaining -7% lower over six months. Stride Property Group (SPG, #39) also rose +1%, lifting its weekly gain to +3% and monthly return to +3%, although it remains -15% lower over six months and -6% over the year.
Skellerup Holdings
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THE MAIN DECLINERS
The declines outweighed advances, with 47 stocks finishing lower. Auckland International Airport (AIA, #4) fell -2%, although it remains up +2% over the past month, +3% over six months and +16% over the year. a2 Milk (ATM, #7) also dropped -2%, trimming its monthly gain to +14%, while remaining -23% over six months but +6% higher year-on-year. Serko (SKO, #49) lost -2%, extending its declines to -5% over the week, -14% over the month, -56% over six months and -51% over the past year. Meridian Energy (MEL, #3) eased -2%, adding to declines of -2% over the week, -4% over the month, -2% over six months and -4% over the past 12 months.
Auckland International Airport
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.03% | +0.2% | -4.4% | -3.8% | +2.5% |
| NZ Top 10 ETF (TNZ) | -1.1% | -0.2% | +0.1% | +1.0% | +5.8% |
| S/P NZX50 ETF (NZG) | -0.7% | +0.4% | -1.9% | -0.4% | +5.2% |
| NZ Dividend ETF (DIV) | +0.4% | +0.4% | -2.6% | -1.9% | +8.2% |
KEY ANNOUNCEMENTS
Ryman Healthcare (RYM, #18) reported 325 retirement living occupation right agreement (ORA) sales for the first quarter of FY27, comprising 265 resales and 60 new sales. Net resale contracts increased +7% year-on-year, driven by strong demand for serviced apartments, while mature aged care occupancy remained steady at 96.1%. The company said it remains on track to deliver 157-168 retirement living units and aged care beds in FY27, with further progress expected towards its FY29 $500 mln cash release target despite subdued housing market conditions impacting independent living sales.
Skellerup (SKL, #28) has upgraded its FY26 net profit after tax (NPAT) guidance to between $64 mln and $65 mln, up from its previous forecast of $57 mln to $62 mln and ahead of FY25 NPAT of $54.5 mln. The company said stronger-than-expected demand in its largest US market, higher seasonal dairy consumables sales in New Zealand, lower US tariff costs and a weaker New Zealand dollar supported the improved outlook. Skellerup will release its audited FY26 results on the 20th of August.
Chorus (CNU, #12) has confirmed it will release its financial results for the year ended 30 June on Monday, the 24th of August. The company will host an investor briefing at 10:00am NZT to discuss its full-year performance and outlook.
Pacific Edge (PEB) says its APAC operations are moving towards profitability on a direct-cost basis, supported by rising commercial test volumes, improved pricing and increased adoption of its next-generation Cxbladder Triage Plus test. APAC commercial tests increased +12.9% in Q1 FY27 to 1,158, while unaudited cash burn improved to $0.17 mln for the quarter. APAC revenue contributed 19% of operating revenue in the second half of FY26, up from 8% in FY25, with the company also outlining a refreshed US commercial strategy focused on targeted investment ahead of Medicare policy developments. Pacific Edge will provide a further update at its Annual Shareholder Meeting on the 20th of August.
Property for Industry (PFI, #29) has confirmed it will release its FY26 annual results to the NZX on Monday, the 24th of August.
NZX50 Healthcare Sector
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