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 INDEX IS DOING
The NZX50 Index opened the trading week with a slight increase of +0.1%, bringing its one-month change to -0.4%. Over the past six months, the index has gained +6.3%, and it is up +11.6% year-on-year.
THE MAIN GAINERS
Today, there are 39 gainers in the NZ equity market, led by Serko (SKO, #44) with the largest share price increase of +4.3%. Over the past month, the company has posted a significant gain of +24.4%; however, it remains down -13.7% year-on-year. Stride Property Group (SPG, #35) followed, gaining +2.2% for the day and up +7% year-on-year. Air New Zealand (AIR, #21) also advanced, up +1.9% today, though it shows a year-to-date decline of -19.2%. Vista Group Limited (VGL, #36) saw a +1.8% increase today, continuing its strong annual performance with a year-to-date gain of +111.1%.
Serko
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THE MAIN DECLINERS
There are 35 decliners in the market today. Freightways (FRW, #20) led the declines, down -2.4% to $10.25 per share. Despite today’s drop, Freightways has gained +30.1% year-on-year. The Warehouse Group (WHS, #48) followed with a decline of -1.9%, bringing its one-month change to -6.4% and a significant year-on-year decrease of -42.8%. Both a2 Milk Company (ATM, #10) and Tower Limited (TWR, #41) fell by -0.8% today. However, a2 Milk is up +43.5% year-on-year, while Tower has surged +104.8% over the same period.
Freightways
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.3% | -1.1% | +5.1% | +3.3% | +6.5% |
| NZ Top 10 ETF (TNZ) | -0.8% | -2.5% | +3.1% | +3.6% | +8.1% |
| S/P NZX50 ETF (NZG) | +0.1% | -1.1% | +5.6% | +6.0% | +9.7% |
| NZ Dividend ETF (DIV) | 0% | -1.5% | +4.2% | +2.0% | -0.3% |
KEY ANNOUNCEMENTS
Oceania Healthcare (OCA, #39) Half-Year Results Announcement
Oceania Healthcare will announce its half-year results for the six-month period ending 30 September on Friday, 22 November. The results presentation will be accessible following its lodgement on the NZX and ASX and available via the Oceania Healthcare investor centre: Oceania Healthcare Investor Centre.
EBOS Group Limited (EBO, #7) Executive Departure
EBOS Group has announced the resignation of Julie Dillon, CEO of Animal Care. Dillon, who joined EBOS in November 2021, played a key role in the expansion of EBOS’s Animal Care division, notably overseeing the commissioning of the Pet Care Kitchen manufacturing facility at Parkes, NSW, and contributing to the acquisition of Superior Pet Food Company. EBOS CEO, John Cullity, acknowledged her contributions: “Julie has been instrumental in expanding EBOS Animal Care’s market-leading offerings. During Julie’s tenure, we consolidated key brands, Black Hawk and Vitapet, introduced new product innovations, and leveraged the ongoing benefits of our Pet Care Kitchen facility. On behalf of EBOS, I wish to thank Julie for her valued contributions, and we wish her all the best for the future.”
Westpac (WBC) Full-Year Results Announcement
Westpac released its full-year results today. For further insights and commentary on Westpac Bank's performance, see: Westpac NZ annual profit rises 16%; sees a quarter of fixed home loan customers on lower rates by year's end.
Vista Group (VGL, #36) Special Shareholders Meeting Update
Vista Group received a notification from Potentia yesterday, formally advising its withdrawal of the requisition for the special shareholders meeting and all proposed resolutions. Consequently, the special shareholders meeting originally scheduled for 15 November has been canceled and will no longer take place.
NZX50 Healthcare Sector
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