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Here are the key changes to know about in the New Zealand equity market; the NZX50 slips -0.1% as Kathmandu, Napier Port, Stride Property and SkyTV gain while Gentrack, SkyCity casino, Serko and Scales retreat

Investing / news
Here are the key changes to know about in the New Zealand equity market; the NZX50 slips -0.1% as Kathmandu, Napier Port, Stride Property and SkyTV gain while Gentrack, SkyCity casino, Serko and Scales retreat
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 down -0.1% today, extending its decline over the past five trading days to -1.3% and its monthly decline to -0.8%. Despite the recent weakness, the benchmark is up +5.2% over the past six months and +3.9% over the past year. The market shift was slightly negative, with 38 decliners compared to 37 gainers. 

THE MAIN GAINERS
Among the gainers, Kathmandu Brands (KMD, #50) rose +4%, extending its five-day gain to +17% and its one-month advance to +13%, although the stock stays down -44% over six months and -48% year-on-year. Napier Port Holdings (NPH, #37) gained +2%, although declines -4% over the past month, while it remains +1% higher over six months and +11% year-on-year. Stride Property Group (SPG, #42) added +1%, although it's down -2% over the past five trading days, -5% over the past month and -6% over six months, with the stock down -15% year-on-year. Sky Network Television (SKT, #46) rose +1%, taking its five-day gain to +3% and its one-month increase to +15%, while it's up +10% over six months but remains down -23% year-on-year. 

Kathmandu

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THE MAIN DECLINERS
Among the decliners, Gentrack (GTK, #45) fell -4%, extending its five-day decline to -6%, although the stock is +14% higher over the past month. It is down -47% over six months and -59% year-on-year. SkyCity Entertainment (SKC, #36) declined -4%, although the company is +5% higher over the past five trading days and +9% higher over the past month, while down -17% over six months and -4% year-on-year. Serko (SKO, #49) fell -3%, extending its five-day decline to -2% and monthly decline to -12%, while it's down -21% over six months and -44% year-on-year. Scales Corp (SCL, #30) slipped -1%, taking its five-day decline to -2%, going +4% higher over the past month, and +19% higher over six months and +37% higher year-on-year. 

Gentrack

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SMARTSHARES EFTs

 1-day5-day6-monthYTD1Y
NZ Top 50 ETF (FNZ)-0.2%-0.5%+1.1%-3.9%-1.7%
NZ Top 10 ETF (TNZ)-0.1%-1.6%+6.1%+3.5%+3.5%
S/P NZX50 ETF (NZG)+0.2%-1.1%+4.2%+0.6%+1.4%
NZ Dividend ETF (DIV)-0.2%-0.5%+0.7%-2.4%-0.1%

KEY ANNOUNCEMENTS
Rua Gold (RGI) has reported its highest-grade drill results to date from the Auld Creek gold-antimony project in Reefton, with drilling continuing to expand and improve understanding of the resource. The company has now completed 19,600 metres of drilling, exceeding its 19,000m target, with standout results including 2.7m at 23.2g/t gold equivalent and 2.9m at 38.8g/t gold equivalent. Drilling has also identified mineralised zones more than 20m wide and visible gold, supporting the potential scale and continuity of the resource. A further 18 drill-hole results are pending and will feed into an updated Mineral Resource estimate expected in the fourth quarter of 2026, while Rua Gold remains on track to submit its Fast-Track Approvals application in October. 

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