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 NZX 50 INDEX IS DOING
The NZX50 edged up +0.3% today, bringing its five-day gain to +1.8%. Month-on-month, the index is up +1%, and it has risen +12% compared to this time last year.
THE MAIN GAINERS
The 49 gainers in the market are led by Kathmandu Brands (KMD, #50), which climbed +2.5%. Despite today’s gain, Kathmandu’s share price has dropped sharply by -6% over the last five days and is down -44% year-on-year. Vulcan Steel (VSL, #29) and Vista Group (VGL, #36) followed with gains of +1.3% each. Vulcan Steel is down -4% over the past five days and -1% for the year, while Vista Group posted a significant +113% gain year-on-year, including a +1% increase in the last five days. F&P Healthcare (FPH, #1) added +1% today, maintaining its strong +70% annual growth and its position as the top stock on the NZX50.
Kathmandu
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THE MAIN DECLINERS
On the decliners' side, there were 34 companies, led by Tourism Holdings (THL, #44), which fell -2% and is down -45% year-on-year. Hallenstein Glassons (HLG, #40) and Contact Energy (CEN, #6) both declined -1.5%. Hallenstein Glassons dropped -5% this month but remains up +41% year-on-year, while Contact Energy gained +3% for the month and +18% over the year. Lastly, Vector Limited (VCT, #12) slipped -1% today but remains up +7% year-on-year.
Tourism Holdings
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.1% | +1.5% | +3.4% | +0.1% | +6.0% |
| NZ Top 10 ETF (TNZ) | +0.1% | +2.0% | +5.0% | +0.2% | +10.0% |
| S/P NZX50 ETF (NZG) | +0.1% | +1.0% | +5.3% | +0.4% | +10.0% |
| NZ Dividend ETF (DIV) | +0.4% | +0.1% | +4.6% | 0% | -1.7% |
KEY ANNOUNCEMENTS
Mercury Energy (MCY, #5) has announced the appointment of Richard Hopkins as Chief Financial Officer, effective 14 April 2025. Richard brings over 25 years of local and international experience across finance and primary industries, including a decade in CFO roles at leading New Zealand companies. Currently the CFO of Zespri International, Hopkins has extensive expertise in corporate finance, M&A, business transformation, and strategy development. Mercury CEO Stew Hamilton highlighted Richard’s strong track record of delivering value in complex organisations and building high-performing teams as key assets for Mercury’s growth strategy. Richard will succeed current CFO William Meek, who is set to leave the company at the end of March after a comprehensive handover process.
Precinct Properties (PCT, #20) has confirmed it will release its interim financial results for the six months ended 31 December 2024 on Thursday, 20 February 2025. A live webcast of the results presentation will take place at 10:00am NZ time on the same day.
Air New Zealand (AIR, #19) has appointed Nathan McGraw as Chief Safety and Risk Officer and Scott Wilkinson as Chief Commercial Officer. McGraw, a 30-year aviation veteran with two decades at Air New Zealand, brings extensive operational expertise, including his experience as an ATR pilot and his leadership in integrated planning and flight operations.
NZX50 Energy Sector
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