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 edges +0.1% higher to finish the week, leaving the index +0.1% higher over five days, +1.4% over the past month, +5.5% over six months and +7.8% year-on-year. The market finished with 52 gainers against 24 decliners.
THE MAIN GAINERS
Gentrack (GTK, #47) was the strongest gainer, rising +4%, although it remains -1% over five days, while its one-month return has reached +5%; it is still -44% over six months and -61% year-on-year. Stride Property Group (SPG, #38) also climbed +4%, taking its five-day performance to +1%, while remaining -6% over six months and -5% over the year. Napier Port Holdings (NPH, #36) added +3%, extending its five-day gain to +2% and leaving it -2% over the past month, while its one-year return sits at +20%. Vista Group (VGL, #43) rose +2%, building its five-day gain to +3% and its one-month advance to +12%; the stock is also +65% higher over six months, despite remaining -16% year-on-year.
Gentrack
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THE MAIN DECLINERS
Tourism Holdings (THL, #40) fell -2%, taking its five-day and one-month performances to -3%, although it remains +19% higher over six months and +27% year-on-year. EBOS Group (EBO, #11) also declined -2%, extending its losses to -2% over five days and -5% over one month, while remaining -11% over six months and -47% over the past year. Summerset Group (SUM, #19) slipped -1%, bringing its five-day decline to -4% and one-month fall to -8%, with six-month and one-year performances both down -25%. Goodman (GNZ, #16) edged -1%, despite remaining +1% over five days and +6% higher across both six months and the past year.
Tourism Holdings
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.5% | +0.2% | +1.2% | -3.1% | +3.2% |
| NZ Top 10 ETF (TNZ) | +0.2% | +0.9% | +7.2% | +3.9% | +6.1% |
| S/P NZX50 ETF (NZG) | -0.04% | -0.5% | +4.2% | +0.6% | +4.6% |
| NZ Dividend ETF (DIV) | +0.5% | -0.3% | +0.5% | -2.6% | +5.6% |
KEY ANNOUNCEMENTS
Contact Energy (CEN, #5) reported stronger July activity, with mass-market electricity and gas sales rising to 579GWh from 456GWh a year earlier, while wholesale electricity sales increased to 1,079GWh and generation/acquired electricity rose to 1,168GWh. Unit generation costs fell to $36.99/MWh from $47.40/MWh, although the Q4 2026 wholesale price has climbed to $73/MWh from $51/MWh at the end of July. Storage levels remain healthy, with South Island storage at 137% of mean and Clutha storage at 109%, while Contact continues to progress its renewable pipeline including Kōwhai Park Solar, Te Mihi Stage 2, Glenbrook-Ohurua Battery 2 and Glorit Solar.
Meridian Energy (MEL, #3) reported strong operating conditions in July, with record national electricity demand +1.9% higher year-on-year and Meridian’s retail sales volumes up +2.3%. Strong renewable generation was supported by above-average water storage, with Waitaki and Waiau catchments at 145% and 158% of historical averages respectively. National hydro storage remained healthy at 128% of average by 10 August, despite declining from 136%, while Meridian’s July inflows were 162% of average. Residential sales rose +13.6%, with increases across most other customer segments.
NZX50 Energy Sector
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