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 falls -0.6% today, ending the trading week +0.6% higher. The benchmark is down -1.4% over the past month, while it remains +2.7% higher over six months and +4.2% higher over the past year.
THE MAIN GAINERS
Among the 42 gainers, Serko (SKO, #49) leads the market, rising +3%, although the travel technology company remains down -8% over five days and -54% over the past year. Port of Tauranga (POT, #9), The NZX (NZX, #46) and Air New Zealand (AIR, #27) each gain +2%. Port of Tauranga is +2% higher over five days and +11% over the past year, while The NZX is up +6% over six months and +5% over the past year. Air New Zealand is +1% higher over five days, but remains down -7% over the past month and -35% over the past year.
Serko
Select chart tabs
THE MAIN DECLINERS
Among the 40 decliners, Gentrack (GTK, #47) leads the declines, falling -3%, although the software company remains +6% higher over five days and +4% higher over the past month. Mainfreight (MFT, #7), Kathmandu Brands (KMD, #50) and Auckland Airport (AIA, #3) each decline -2%. Mainfreight is down -2% over five days and -7% over the past month, while Kathmandu Brands is +1% higher over five days and +10% higher over the past month. Auckland Airport is down -1% over five days and -6% over the past month, but remains +7% higher over the past year.
Gentrack
Select chart tabs
SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.03% | +0.7% | -0.9% | -4.7% | -1.6% |
| NZ Top 10 ETF (TNZ) | -1.2% | +0.9% | +3.1% | +2.6% | +4.1% |
| S/P NZX50 ETF (NZG) | -1.2% | +0.1% | +1.1% | -0.8% | +0.7% |
| NZ Dividend ETF (DIV) | 0.0% | +1.0% | -0.8% | -2.3% | 0.0% |
KEY ANNOUNCEMENTS
South Port New Zealand (SPN) reports a record FY26 result, with total revenue rising +14% to $71.8 mln and NPAT increasing +21% to $16.1 mln, supported by strong cargo growth, higher agricultural activity, improved New Zealand Aluminium Smelter throughput and project cargo. Total cargo volumes rise +11.5% to a record 3.96 million tonnes, while container volumes increase +18.5% to 62,000 TEU and Tiwai Wharf volumes climb +16.1% to 0.94 million tonnes. EBITDA increases +16% to $29.9 mln, lifting the margin to 42%, while operating free cash flow rises +9% to $18.4m and debt/EBITDA falls to 0.6x from 1.0x. The company declares a full-year dividend of 29.0 cents per share, up from 28.0 cents, and expects FY27 trade volumes to remain broadly in line with FY26, while noting downside risk from the absence of project cargo imports and increased investment in people and infrastructure.
We welcome your comments below. If you are not already registered, please register to comment
Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.