Here are the key changes to know about in the NZX equity market; Gentrack, SkyTV, Vista Group, and Kathmandu lead a rebound, while Vulcan Steel, Briscoes, Goodman and Tourism Holdings fall

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 up +0.7% today, rebounding from a -0.2% decline over the past five trading days. The index is up +1.2% over the past month, while gains over the past six months and year stand at +1.5% and +6.0%, respectively. Market movement sat positive, with 54 companies posting gains compared with 30 decliners.

THE MAIN GAINERS
Among the gainers, Gentrack (GTK, #47) rose +3%, extending its five-day gain to +12% and its one-month advance to +31%. Despite the recent momentum, the stock remains down -41% over six months and -53% year-on-year. Sky Network Television (SKT, #46) also gained +3%, taking its five-day increase to +7% and one-month gain to +13%, while the stock is up +8% over six months but remains -14% lower year-on-year. Vista Group (VGL, #43) added +2%, lifting its one-month gain to +11%, although the stock remains down -55% over six months. Kathmandu Brands (KMD, #50) increased +2%, with the stock +1% higher over five days but still down -5% over the past month and -98% over both six months and one year.

THE MAIN DECLINERS
Among the decliners, Vulcan Steel (VSL, #31) fell -3%, despite remaining +2% higher over the past five trading days and +4% ahead over the past month. The stock is down -20% over six months and -14% year-on-year. Briscoe Group (BGP, #30) declined -2%, extending its five-day loss to -5% and its one-month decline to -4%, while the stock remains down -4% over six months and -22% year-on-year. Goodman (GNZ, #16) fell -2%, taking its five-day and one-month declines to -2%, although the stock remains +3% higher over six months and year-on-year. Tourism Holdings (THL, #40) was down -1%, extending its five-day decline to -5% and one-month loss to -5%, while the stock remains +11% higher over six months and +16% ahead year-on-year.

SMARTSHARES EFTs

KEY ANNOUNCEMENTS
Michael Hill International (MHJ) reported a stronger FY26 result, with group revenue rising +1.9% to a record $655.7 mln and same-store sales increasing +3.0%, supported by growth across Canada, Australia and New Zealand. Comparable EBIT increased +57% to $24.0 mln, while statutory NPAT rose +376% to $10.0 mln. The company also strengthened its balance sheet, reducing net debt by $36.3 mln to $5.5 mln, while inventory fell -4.7% to $189.7 mln. The Board restored the dividend with a final payment of 2.0 cents per share, reflecting improved operating performance and balance sheet strength. Current trading has remained positive, with group same-store sales up +4.4% on a constant-currency basis during the first eight weeks of FY27, led by Canada, Australia and New Zealand.

Kiwi Property Group (KPG, #21) reported continued positive momentum into FY27, with portfolio sales for the 12 months to 30 June rising +2.1% year-on-year to $1.9 bln and annualised pedestrian numbers increasing +4.1% to 37 million. Sylvia Park remained a key driver, with Level 1 visitation up +25% since IKEA opened in December, while furniture sales at Sylvia Park Lifestyle increased more than +30% in June, suggesting the development of a broader furniture precinct across the two sites. The company also highlighted new retail additions including Adidas, LEGO and Mecca, while progress continued at its Drury development, with Stage 1 civil works nearing completion and the new train station now open. Kiwi Property said the portfolio remained 97.5% occupied, with gearing at 33.8% and NTA of $1.12 per share. The company will pay a first-quarter dividend of 1.4375 cents per share on 18 September, with 0.4286 cents per share of imputation credits.

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