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 NZX50 IS DOING
The NZX50 has slightly declined for a consecutive day down -0.4%. The index is now up +1.8% for the month, up +6.5% for the year-to-date.
THE MAIN GAINERS
There are only 21 gainers on the Mainboard. Currently The Warehouse Group (WHS, #45) leads with a gain of +1.6%, back in the top position for the third day in a row. WHS has had a strong last month in comparison to the past year, over the last five days WHS is up +10.8%, up +3.4% for the month. WHS still faces an uphill battle down -28.5% year-on-year. Manawa Energy (MNW, #24) has the next biggest gain up +1.3%, MNW is down -9.7% for the month, declining -10.7% year-on-year. Precinct Properties (PCT, #19) is up +1% followed by Sky Television (SKT, #46) also up +1%.
THE MAIN DECLINERS
There are almost three times the amount of decliners as gainers with a current total of 62. Kathmandu Brands (KMD, #47) has taken a hit down -9.1% for the day. However KMD is still looking to have a promising month, up +16.3% as they venture to gain ground on their -40% decline year-on-year. Vulcan Steel (VSL, #28) is next down -3.1% from yesterday but since the companies full-year results were released have gained +8.9%. a2 Milk (ATM, #10) has declined -2.3% today. ATM is on the down slope declining -3.7% over the last five days, down -24.5% for the month. Fletcher Building (FBU, #18) by no surprise is back on the decliners list, down 2.3% today.
SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | -0.30% | -0.01% | +3.10% | +2.0% | +2.03% |
| NZ Top 10 ETF (TNZ) | -0.54% | +0.1% | +6.15% | +4.51% | +6.70% |
| S/P NZX50 ETF (NZG) | -0.30% | +0.04% | +5.60% | +5.20% | +6.10% |
| NZ Dividend ETF (DIV) | -0.30% | -0.40% | +0.90% | -2.50% | -2.50% |
THE KEY ANNOUNCEMENTS
For those interested in the Logistics industry, Move Group (MOV) has announced that Paul Millward has commenced as interim CEO. Move Group is aiming to start their new plan to keep the company 'future-fit'. The company has mentioned that Millward has a proven record for improving companies as they go through the transformation stage, hence Millward has been appointed.
NZX50 Consumer Goods Sector
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