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 declined -0.7% today, extending its -3% loss over the past month. However, it remains up +1% year-on-year.
THE MAIN GAINERS
There were 32 gainers in the equity market today. Hallenstein Glassons (HLG, #42) led the market with a +1.5% gain, bringing its year-on-year growth to +32%. Heartland Group Holdings (HGH, #34) rose +1% but remains down -9% for the month and -36% year-on-year. Mainfreight (MFT, #8) and Channel Infrastructure (CHI, #35) both gained +1% today. Mainfreight is down -11% year-on-year, while Channel Infrastructure has grown +29% year-on-year.
Hallensteins Glassons
Select chart tabs
THE MAIN DECLINERS
Among the 48 decliners, Tower Limited (TWR, #41) suffered the biggest drop, falling -7%, though it remains up +99% year-on-year. Tourism Holdings (THL, #47) lost -5% today and is down -44% year-on-year. Gentrack (GTK, #26) fell -4%, with a -4% decline for the month but a +29% gain year-on-year. Manawa Energy (MNW, #22) also dropped -4% today but has gained +3% year-on-year.
Tower
Select chart tabs
SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | -0.1% | +0.2% | -2.8% | -4.7% | -2.5% |
| NZ Top 10 ETF (TNZ) | +0.2% | -0.1% | -5.9% | -10.4% | -3.1% |
| S/P NZX50 ETF (NZG) | -0.3% | -0.4% | -3.0% | -6.4% | -1.5% |
| NZ Dividend ETF (DIV) | +0.5% | -0.8% | -4.7% | -5.5% | -7.9% |
KEY ANNOUNCEMENTS
Tower Limited (TWR, #41) has confirmed that Bain Capital’s full shareholding of 68,306,802 shares has been allocated to investors, as detailed in its substantial product holder notice on 1 April 2025. Following its trading halt on 30 March, Tower has requested trading to resume on the NZX and ASX from market open on 1 April 2025.
No chart with that title exists.
Click on the chart title to find more about this sector, including its components.
We welcome your comments below. If you are not already registered, please register to comment.
Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.