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 NZX 50 Index is down -0.6% for the day. The movement extended the index’s recent weakness, with the benchmark now up just +0.3% over five days but down -0.2% over the past month. Despite the short-term pullback, the market remains in positive territory over longer timeframes, with the NZX50 up +5.8% over six months and +4.4% over the past year. 48 stocks had declines compared to 31 gainers in the market.
THE MAIN GAINERS
The strongest performer among the stocks listed was Kathmandu Holdings (KMD, #50), which gained +4% during the session. The retailer has also recorded a +6% increase over the past five trading days and a +3% gain over the past month, suggesting some recent improvement in its share price despite a significantly weaker longer-term performance. KMD remains down -48% over six months and -55% over one year, highlighting that the latest gains represent only a modest recovery from substantial previous declines. Precinct Properties (PCT, #20) was the second-strongest performer, rising +2% on the day. The property company remains -1% lower over five days and -6% lower over one month, while its six-month and one-year performances stand at -7% and -23%, respectively. SkyCity Entertainment (SKC, #36) and Sky Network (SKT, #46) both advanced +1%. SkyCity has shown stronger recent momentum, gaining +5% over five days and +13% over one month, although it remains down -14% over six months. Meanwhile, Sky Network Television has gained +2% over five days, +14% over one month, +10% over six months and +20% over the past year, making it the strongest longer-term performer among today’s top gainers.
Kathmandu
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THE MAIN DECLINERS
Declines were led by Ryman Healthcare (RYM, #18), which fell -3% during the session. The retirement village operator has also declined -3% over five days and -4% over the past month, while its longer-term performance remains under pressure, with the stock down -11% over six months and -21% over the past year. Gentrack (GTK, #45) also dropped -3%, extending its recent weakness with a -4% decline over five days. Despite this, the company remains up a notable +21% over the past month, although its six-month and one-year performances remain considerably weaker at -44% and -58%. Napier Port Holdings (NPH, #37) declined -2% for the day and is now down -1% over five days and -4% over one month. However, its longer-term performance remains comparatively resilient, with the stock up +1% over six months and +13% over the past year. Vulcan Steel (VSL, #31) also fell -2%, although its recent performance has been mixed rather than consistently negative, with a +2% gain over five days and a +3% increase over one month. Over the longer term, however, Vulcan remains down -14% over six months and -16% over the past year.
Ryman Healthcare
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | -0.5% | -0.5% | +1.7% | -3.3% | -1.8% |
| NZ Top 10 ETF (TNZ) | +0.1% | -0.3% | +6.6% | +3.9% | +3.9% |
| S/P NZX50 ETF (NZG) | -0.6% | -1.1% | +4.1% | +0.5% | +1.7% |
| NZ Dividend ETF (DIV) | 0.0% | +0.2% | +1.6% | -1.6% | +1.6% |
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