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 is little-changed for the last day of the trading week down -0.3%. Over the last five-days the index gained +0.7%. Year-on-year the NZX50 is up +11.6%.
THE MAIN GAINERS
There are 44 companies with a gain today. Manawa Energy (MNW, #22) leads with a gain of +2.4% finishing the week up +4.3%. Over the last month, marking the recent announcement of its takeover by Contact Energy, has the company up +29.4% taking its 1Y gain to +13.2%. The Warehouse Group (WHS, #42) has the next biggest gain up +1.8%. WHS is currently at a loss of -36.5%. Tourism Holdings (THL, #45) is up +1.7% followed by Property for Industry (PFI, #27) up +1.4%.
Manawa Energy
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THE MAIN DECLINERS
There are 43 decliners today. Serko (SKO, #48) for a second day in a row have the biggest loss down -2.7%. This takes SKO to a -1.7% decline over the last five-days, down -11.5% for the month. Serko has a -27.7% decline year-on-year. Kathmandu Brands (KMD, #50) declined -2% since yesterday. KMD down -38% for the last year. Meridian Energy (MEL, #2) is down -1.2% followed by Oceania Healthcare (OCA, #38) down -0.7%.
Kathmandu
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | -0.3% | +0.6% | +3.5% | +4.1% | +10.3% |
| NZ Top 10 ETF (TNZ) | -0.5% | +0.6% | +1.3% | +3.0% | +5.5% |
| S/P NZX50 ETF (NZG) | +0.4% | +0.6% | +3.2% | +5.8% | +9.5% |
| NZ Dividend ETF (DIV) | +0.2% | +1.1% | -2.9% | -2.9% | -1.2% |
KEY ANNOUNCEMENTS
Infratil (IFT, #4) had an independent valuation completed on the 30th of September showing its investment into the CDC data centres. The valuation showed an increase of A$287 million over the three months since June 2024's valuation. This indicates that IFT's 48.17% investment into the CDC is now valued between A$4.386 bln and A$5248 bln. In its announcement to the NZX, IFT states that the increase in valuation is reflection of a high level of interest from customers which leads to the 'advancement of customer discussions for capacity across all regions' where CDC operates and 'acceleration' for construction and development activity. This valuation reflects a small increase in the funding of IFT's equity raising. Its pro-rata share of equity to CDC is now set to be an approximate A$700 million over the next two to three years. This is an increase of +A$100 million.
Infratil
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NZX50 Telecommunication Sector
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Click on the chart title to find more about this sector, including its components.
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