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 gains +0.3% today. The index now up +6.8% over the last six-months, gaining +11.3% year-on-year.
THE MAIN GAINERS
There are 47 gainers in the NZX equity markets today. Fletcher Building (FBU, #18) lead the gainers up +3.2%. FBU have had constant decliners recently, falling -17.9% for the month and -36.3% from this time last year. Vector (VCT, #12) have the next biggest gain up +2.7% since yesterday, down -2.1% for the year. Followed by Genesis Energy (GNE, #17) and Manawa Energy (MNW, #22) both up +2.2%. GNE are at a decline year-on-year currently down -10% as opposed to MNW who are having a positive run. MNW is currently up +26.3% over the month, up +17.4% year-on-year.
Fletcher Building
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THE MAIN DECLINERS
There are a total of 38 decliners today. SkyCity (SKC, #29) take the biggest fall for the day down -1.5%. This puts the Group down -13.9% for the month, down -27.9% year-on-year. Oceania Healthcare (OCA, 38) tail closely down -1.3%, now declining -4.8% for the month. But year-on-year OCA gain +5.3%. Scales Corp (SCL, #39) and Hallensteins Glassons Group (HLG, #46) are both down -1.1% since yesterday.
SKYCITY Entertainment
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.2% | -0.9% | +2.2% | +2.5% | +3.9% |
| NZ Top 10 ETF (TNZ) | -0.2% | -0.8% | +7.6% | +5.9% | +10.04% |
| S/P NZX50 ETF (NZG) | +0.4% | -0.5% | +6.4% | +6.4% | +8.6% |
| NZ Dividend ETF (DIV) | 0.0% | -1.7% | +0.2% | -2.4% | -2.4% |
KEY ANNOUNCEMENTS
Auckland Airport (AIA, #3) announced the opening of its $200 million non-underwritten retail offer today. This retail offer is part of the company's equity raise announced on the 16th of September. Eligible existing AIA shareholders with a registered address in New Zealand or Australia will be receiving an application form where they can apply for a maximum of NZ$150,000 worth of AIA shares, free of brokerage, commission, and transaction costs in accordance with the terms and conditions found on the retail offer document.
Synlait Milk (former company in the NZX50) advised that the three resolutions put to vote at its special shareholders meeting have passed. In order to reduce SML's debt, the company's shareholders were asked to vote on the issuance of roughly $217.8 million of new capital to the two largest shareholders, Chinese company Bright Dairy, and NZX50 number #10, a2 Milk (ATM). Chair of SML says “This is a watershed vote for Synlait. Shareholders have given us the opportunity to create a positive future for the company, its investors, farmer suppliers, customers, suppliers and for our 1,400 employees. Thank you for support.”
NZX50 Industrial Sector
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