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 down -0.3% on Monday, although the benchmark remains +0.5% higher over five days, +1.2% over the past month, +2.9% over six months and +6.5% year-on-year. The market is tilted to the downside, with 53 decliners compared with 34 gainers.
THE MAIN GAINERS
SkyCity Entertainment (SKC, #37) was the strongest gainer, surging +10% to take its five-day gain to +6%, while remaining +2% higher over the past month but -18% lower over six months and -5% year-on-year. F&P Healthcare (FPH, #1) rose +2%, extending its five-day gain to +5%, while remaining +13% higher over the past month, +12% over six months and +19% year-on-year. Stride Property Group (SPG, #38) gained +1%, although it remained -3% lower over five days, -8% over the past month, -10% over six months and -13% year-on-year. Kiwi Property Group (KPG, #21) also added +1%, while remaining -1% lower over five days, -3% over the past month, -7% over six months and -10% year-on-year.
SKYCITY Entertainment
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THE MAIN DECLINERS
Chorus (CNU, #12) was the biggest decliner, falling -6% and taking its losses over five days, one month and one year to -6%, while sitting -7% lower over six months. Hallenstein Glasson (HLG, #42) dropped -2%, extending its five-day decline to -2% and one-month loss to -1%, although it remained +8% higher over six months and +30% year-on-year. Investore Property (IPL, #48) also fell -2%, taking its five-day decline to -3%, one-month loss to -5%, six-month decline to -6% and year-on-year fall to -12%. Ryman Healthcare (RYM, #18) declined -2%, while remaining -1% lower over five days, -7% over the past month, -14% over six months and -15% year-on-year.
Chorus
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | -0.7% | +0.03% | -0.9% | -3.1% | +1.0% |
| NZ Top 10 ETF (TNZ) | +0.2% | +0.9% | +4.9% | +5.5% | +6.5% |
| S/P NZX50 ETF (NZG) | -0.2% | +0.6% | +1.9% | +1.5% | +3.9% |
| NZ Dividend ETF (DIV) | -0.9% | -0.2% | -1.5% | -3.0% | +1.7% |
KEY ANNOUNCEMENTS
Chorus (CNU, #12) reported a stronger FY26 result, with operating revenue increasing by $15 mln to $1.03 bln, EBITDA rising +3% to $726 mln and net profit after tax jumping to $37 mln from $4 mln in FY25. Operating expenses fell $6 mln to $303 mln, while operating cash flow increased +4% to $740 mln, supported by continued fibre growth and disciplined cost management. Total fibre connections increased by approximately 32,000 to 1.15 million, with fibre uptake reaching 75.9%, while the company raised its full-year dividend to 60 cents per share and expects FY27 EBITDA of $730 mln-$760 mln.
Property for Industry (PFI, #29) reported a resilient FY26 result, with funds from operations rising +20.7% to 12.90 cents per share and adjusted funds from operations increasing +14.0% to 10.93 cents, supported by strong leasing and high-quality portfolio cashflows. Profit after tax fell to $77.7 mln from $106.0 mln as property fair value gains reduced, while net rental income increased +14.1% to $123.2 mln and occupancy remained high at 98.7%. The company lifted its FY26 cash dividend by 10.5% to 9.50 cents per share and expects further growth to 9.75–9.85 cents in FY27
[view:charts=embed=NZX50 Telecommunication Sector]
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