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 dropped -0.9% today, marking a -4% decline over the past month but still holding a +6% gain year-on-year.
THE MAIN GAINERS
There are a total of 25 gainers in the market, led by Spark (SPK, #11), up +1%. Over the last five days, Spark's share price fell by -2%, down a heavy -54% for the year. The Warehouse Group (WHS, #49) is next on the gainers list, also up +1%. Over the last six months, The Warehouse has seen a -28% drop, down -29% year-on-year. Manawa Energy (MNW, #22) is next, also up +1%. Over the last six months, Manawa's share price has performed well, gaining +28%, which puts the company's share at a +23% gain for the year. Freightways (FRW, #20) also gains +1%. In the last five days, its share price jumped by +3%, and it now sits at +30% from this time last year.
Spark
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THE MAIN DECLINERS
There are 59 decliners in the market today, with Gentrack (GTK, #25) leading the falls, down -5%. Gentrack has declined -17% over the last month, although year-on-year the company is still up +40%. NZX (NZX, #39) has the next biggest decline, dropping -4%. Over the last month, NZX grew +1%, now sitting at a +52% increase for the year. Vista Group (VGL, #34) falls -3%, but this will have little effect on its yearly price movement, with a massive +127% increase year-on-year. Lastly, Summerset Holdings (SUM, #16) is also down -3%. Summerset has lost -6% in the last month, now holding on to a +11% gain year-on-year.
Gentrack
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | -0.7% | +1.0% | -0.03% | -2.6% | +3.0% |
| NZ Top 10 ETF (TNZ) | -0.2% | +0.6% | -4.8% | -8.0% | -1.6% |
| S/P NZX50 ETF (NZG) | -1.0% | +0.2% | -2.4% | -4.6% | +3.7% |
| NZ Dividend ETF (DIV) | +0.1% | +1.7% | -4.6% | -3.8% | -2.9% |
KEY ANNOUNCEMENTS
Santana Minerals (SMI) has updated its Mineral Resource Estimate (MRE) for the Rise & Shine (RAS) deposit, incorporating infill drilling of 28 holes (7,060m) since the last MRE in July 2024. The revised estimate, using a 0.5g/t cut-off grade, shows a +7% increase in indicated grade to 2.52g/t and a +6.4% rise in contained gold ounces. The total RAS resource now stands at 26.5Mt at 2.4g/t for 2,080koz of gold. CEO Damian Spring noted the refined model supports a more selective mining approach, reducing pre-strip and capital costs, with an updated Pre-feasibility Study (PFS) in progress.
NZX50 Industrial Sector
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Click on the chart title to find more about this sector, including its components.
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