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Here are the key changes to know about in the New Zealand equity market; NZX50 rises as AirNZ leads gains alongside Channel Infrastructure, Serko and Oceania. However a2 Milk, Contact, Summerset, and Mercury fall

Investing / news
Here are the key changes to know about in the New Zealand equity market; NZX50 rises as AirNZ leads gains alongside Channel Infrastructure, Serko and Oceania. However a2 Milk, Contact, Summerset, and Mercury fall
NZX building ticker

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 a strong +0.6% today, taking its gain over the past five trading days to +1.2%. The index is now also +0.2% higher over the past month and has gained +2.9% over the past six months and +6.1% over the past year. The market stayed positive, with 57 gainers compared to 27 decliners.

THE MAIN GAINERS
Among the gainers, Air New Zealand (AIR, #24) rose +4%, extending its five-day gain to +3%, although the stock remained down -8% over the past month, -27% over six months and -35% year-on-year. Channel Infrastructure (CHI, #23) gained +3%, taking its five-day increase to +4% and leaving it +3% higher over the past month, although it remained down -27% over six months and -50% year-on-year. Serko (SKO, #49) added +3%, extending its five-day gain to +6%, while it was down -2% over the past month and -15% over six months, with the stock down -43% year-on-year. Oceania Healthcare (OCA, #44) rose +3%, adding to a +2% gain over the past month and leaving it -1% lower over six months, although it stays +15% higher year-on-year. 

Air New Zealand

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THE MAIN DECLINERS
Among the decliners, a2 Milk (ATM, #8) fell -1%, extending its five-day decline to -5% and leaving it down -2% over the past month, -30% over six months and -22% year-on-year. Contact Energy (CEN, #5) declined -1%, taking its monthly decline to -4%, while the stock was down -6% over the past six months and -4% year-on-year. Summerset Group Holdings (SUM, #19) slipped -1%, extending its five-day decline to -5%, although it remained +2% higher over the past month, while it was down -20% over six months and -25% year-on-year. Mercury Energy (MCY, #6) decreased -1%, taking its five-day loss to -2% and leaving it -1% lower over the past month, although it remained +3% higher over six months and +1% higher year-on-year. 

A2 Milk

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SMARTSHARES EFTs

 1-day5-day6-monthYTD1Y
NZ Top 50 ETF (FNZ)+0.4%+0.9%-0.5%-2.9%-0.2%
NZ Top 10 ETF (TNZ)+0.1%+1.8%+3.7%+4.8%+5.8%
S/P NZX50 ETF (NZG)+0.5%+1.1%+2.1%+1.7%+3.3%
NZ Dividend ETF (DIV)-0.9%+1.3%-1.1%-2.6%+0.5%

KEY ANNOUNCEMENTS
Fletcher Building (FBU, #13) has published its FY26 Remuneration Report, which will be subject to a non-binding resolution at the company’s 2026 Annual Shareholders’ Meeting on the 21st of October. Further details will be provided in the Notice of Meeting, expected to be released around the 18th of September. 

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