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 today, but gained +1.3% over the last five-days. The index has gained +3.2% for the month, and +9.1% for the year-to-date. Year-on-year the NZX50 is up +16.8%.
THE MAIN GAINERS
There are 39 gainers in the market today. Tourism Holdings (THL, #44) has the biggest gain up +3.1%. THL has has performed well for the last month posting a gain of +6.4% elevating its big decline for the year up to -40.1%. Skellerup Holdings (SKL, #34) is next on the board gaining +2.4%. Over the recent six-month period the company is up +7.6% keeping its year-on-year share price just above level at +0.8%. Oceania Healthcare (OCA, #38) gained +1.3% followed by Ryman Healthcare (RYM, #14) up +1.2%.
Tourism Holdings
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THE MAIN DECLINERS
There are 42 decliners on the equity market board led by Gentrack (GTK, #28) down -3.3%. GTK also declines for the recent month down -6.9%. Although the declines for those two periods, the company still holds major gains with a year-to-date gain of +53.5% and +107.3% year-on-year. Kathmandu (KMD, #50) is next on the list down -3.1%. KMD as widely-known has had its share price on the constant decline down -6% for the month, and -45.4% year-on-year. Tower Limited (TWR) declined on its second day of being included in the NZX50 down -1.8%. Tower's share price on the contrary to its 1D loss has gained massively over the past year up a huge +110.9%. (Tower's company page is currently being created and will be added to the Interest NZX50 page before the end of the week). Serko (SKO, #49) declined -1.3% from yesterday, -28.9% year-on-year.
Kathmandu
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.4% | +1.0% | +6.0% | +5.2% | +10.5% |
| NZ Top 10 ETF (TNZ) | -0.04% | +2.2% | +7.4% | +6.9% | +15.1% |
| S/P NZX50 ETF (NZG) | -0.2% | +1.0% | +7.9% | +7.9% | +13.6% |
| NZ Dividend ETF (DIV) | +1.0% | +1.6% | +3.3% | -0.3% | +2.4% |
KEY ANNOUNCEMENTS
Ryman Healthcare (RYM, #14) has announced the appointment of Scott Pritchard as an independent director of the company commencing on the 1st of November 2024. Executive Chairman Dean Hamilton said: “Scott brings a great range of relevant experiences to the table; as a successful CEO of a large publicly-listed company, proven people and cultural leadership and, importantly, strong commercial experience across large-scale property development and property management.” Pritchard is currently the CEO at Precinct Properties (PCT, #19).
Michael Hill International Limited provided a trading update today posted to the NZX and ASX. Group sales were up +4.3% on LY, and Group same store sales were up +4%. This was driven by strong performances from the Australian and Canadian segments. For the full trading update click here: MHJ trading update
NZX50 Healthcare Sector
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Click on the chart title to find more about this sector, including its components.
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