Here are the key changes to know about in the New Zealand equity market; Gentrack, Argosy Property, Kathmandu and Tourism Holdings rise, but falls in SkyCity casino, Air NZ, Fletcher and Ryman drag the NZX50 lower

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 looks to finish the last session of the week down -0.4%, rounding out the trading week with a +0.4% gain over the past five days. The index remains up +2.6% over the past month, +2.1% over six months, and +7.4% over the past year.

THE MAIN GAINERS
Among the 44 gainers, Gentrack (GTK, #47) led the market with a +2% daily gain despite remaining down -5% over the past five days, -56% over six months and -68% over the past year. Argosy Property (ARG, #32) also rose +2%, lifting its five-day performance to +1%, while sitting flat over the past month, -12% over six months and -6% over the past year. Kathmandu Brands (KMD, #50) added +2%, extending a +1% gain over the past five days despite remaining down -97% over the past month and -98% over both the six-month and one-year periods. Tourism Holdings (THL, #37) climbed +2%, taking its monthly gain to +15%, six-month return to +9%, and annual performance to +38%, while also posting a +2% gain over the past five days.

THE MAIN DECLINERS
Among the 32 decliners, SkyCity Entertainment (SKC, #42) fell -6%, although it remains up +10% over the past five days and +12% over the past month, while still down -35% over both the six-month and one-year periods. Air New Zealand (AIR, #23) declined -3%, trimming its five-day gain to +1%, with the stock down -8% over the past month, -25% over six months and -28% over the past year. Fletcher Building (FBU, #13) eased -2%, though it continues to hold gains of +1% over five days, +12% over the past month and +26% over the past year, despite remaining down -3% over six months. Ryman Healthcare (RYM, #18) slipped -2%, reducing its five-day gain to +3%, while remaining down -2% over the past month, -23% over six months and -10% over the past year.

SMARTSHARES EFTs

KEY ANNOUNCEMENTS
Chorus (CNU, #12) added approximately 5,000 fibre connections during the fourth quarter of FY26, lifting total fibre connections to 1.147 million while total fixed-line connections eased by 4,000 to 1.191 million as the shift away from copper continued. Fibre uptake across Chorus' network increased to 75.9%, with uptake exceeding 78% across Auckland, Wellington and Dunedin. Average monthly fibre data usage reached a record 731GB, up +9% year-on-year, supported by FIFA World Cup streaming, while more than 80% of customers are now on broadband plans of 500Mbps or faster. Copper withdrawal is now largely complete across the fibre footprint, with fewer than 1,000 copper connections remaining to migrate, and around 44,000 copper services still operating within Chorus' network at the end of June.

MOVE Logistics Group (MOV) reported a return to positive normalised earnings before tax (NEBT) for FY26, meeting its key financial target following a year of operational improvement. Preliminary unaudited results showed revenue growth gaining momentum throughout the year, with three of the company's four business divisions returning a profit, while warehousing remained below expectations. The group also improved gross margins, reduced borrowings and net debt, and returned to positive free cashflow. MOVE said it has completed the "Reset" phase of its New Horizons transformation programme and is now focused on accelerating commercial growth, with management highlighting a leaner operating model, improved cost discipline and a clear pathway to sustainable long-term value creation.

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