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 is up another +0.7% today, flat over the past five trading days and over the past month. It has gained +4.0% over the past six months and +3.7% over the past year. There were 53 gainers compared with 26 decliners.
THE MAIN GAINERS
Among the gainers, Stride Property Group (SPG, #43) rose +4%, although it remains down -4% over the past month, -7% over six months and -20% over the past year. Air New Zealand (AIR, #27) gained +3% but is down -1% over five days, -10% over one month, -14% over six months and -36% over one year. Skellerup (SKL, #23) also rose +3%, taking its five-day gain to +5% and one-month gain to +7%, while down -39% over six months and -52% over the past year. Vital Healthcare Property (VHP, #22) increased +2%, but stays down -2% over five days, -2% over one month, -6% over six months and -16% over one year.
Stride Property Group
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THE MAIN DECLINERS
Among the decliners, Briscoe Group (BGP, #31) fell -2% and is down -4% over the past month, -8% over six months and -14% over the past year. Sky Network Television (SKT, #45) declined -1%, although stays up +6% over one month, +14% over six months and +9% over one year. Ryman Healthcare (RYM, #18) fell -1%, extending its declines to -4% over five days, -7% over one month, -15% over six months and -24% over one year. Mainfreight (MFT, #7) also fell -1% down -5% over the past month, while remaining up +7% over six months and +3% over the past year.
Briscoe Group
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.8% | +0.8% | +0.3% | -4.6% | -2.5% |
| NZ Top 10 ETF (TNZ) | +0.3% | +1.4% | +4.7% | +3.1% | +3.7% |
| S/P NZX50 ETF (NZG) | +0.5% | +0.8% | +2.9% | -0.2% | +1.4% |
| NZ Dividend ETF (DIV) | +0.2% | 0.0% | -1.0% | -3.3% | -1.0% |
KEY ANNOUNCEMENTS
Contact Energy (CEN, #6) recorded higher mass-market electricity and gas sales of 550GWh in August, up from 454GWh a year earlier, while the mass-market netback was broadly unchanged at $148.57/MWh. Contracted wholesale electricity sales were 1,087GWh, compared with 1,090GWh in August 2025, while electricity and steam net revenue increased slightly to $164.59/MWh. Electricity generated or acquired fell to 1,125GWh from 1,174GWh, although unit generation costs declined significantly to $40.90/MWh from $57.52/MWh, with own generation costs falling to $27.38/MWh from $41.99/MWh. South Island controlled storage was 166% of mean and North Island storage 84% as at 13 September, while inflows into Contact’s Clutha catchment reached 164% of mean in August. The company has 8.2PJ of contracted gas volumes for the next 12 months and continues to progress renewable development projects, including the $712 mln Te Mihi Stage 2 geothermal project, $235 mln Glenbrook-Ohurua Battery 2 and $316 mln Glorit Solar project.
Scott Technology (SCT) has expanded its Materials Handling & Logistics (MHL) automation portfolio with the launch of the NexPAL 200HL end-of-line palletiser, developed in response to customer demand for higher production capacity within constrained manufacturing footprints, particularly in Europe and the US East Coast. The system can palletise more than 35 cases per minute across a broad range of applications while occupying a footprint 25% smaller than comparable solutions. Scott has already secured its first commercial contract, with four NexPAL 200HL systems to be delivered to a major poultry processor in Georgia, United States, as part of the multimillion-dollar MHL contracts announced in June and therefore does not represent incremental revenue. The launch supports Scott's Destination 2030 strategy, which targets NZ$530 million of annual Group revenue and a 14% EBITDA margin by FY30 through organic growth, increased Lifecycle Services penetration, investment in innovation and operating leverage.
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