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 dipped -0.5% today but is up +1.1% over the last five days. Over six months, it’s down -5%, with a non-existent year-on-year gain.
THE MAIN GAINERS
Among the 36 gainers, Serko (SKO, #44) led the market with a +3% rise, up +8% over five days, though still down -3% year-on-year. Vista Group (VGL, #30) gained +2%, up +92% year-on-year despite a -2% five-day dip. Port of Tauranga (POT, #10) added +1%, with a +27% annual gain despite recent losses. Manawa Energy (MNW, #22) also rose +1%, up +12% year-on-year.
Serko
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THE MAIN DECLINERS
Tourism Holdings (THL, #48) leads the 35 decliners, down -3% today and -51% year-on-year. Auckland Airport (AIA, #3) also fell -3%, slipping -5% over five days. Ryman Healthcare (RYM, #17) dropped -3%, with a -17% monthly and -15% annual decline. Sky TV (SKT, #47) slipped -2%, with a -10% six-month loss and down -15% year-on-year.
Tourism Holdings
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | -0.4% | +0.4% | -6.4% | -7.3% | -2.5% |
| NZ Top 10 ETF (TNZ) | -0.1% | +1.5% | -7.7% | -11.1% | -4.4% |
| S/P NZX50 ETF (NZG) | +0.2% | +0.7% | -5.9% | -7.7% | -1.6% |
| NZ Dividend ETF (DIV) | 0% | +0.1% | -9.1% | -7.5% | -6.7% |
KEY ANNOUNCEMENTS
Scales Corporation (SCL, #36) has declared a final dividend of 7.75 cents per share for the 2024 financial year, partially imputed at 50%. This brings the total dividend for FY2024 to 15.0 cents per share, representing 63% of underlying net profit attributable to shareholders. The dividend will be paid on 11 July 2025, with a record date of 1 July 2025.
Argosy Property (ARG, #32) as confirmed it will release its annual financial results for the year ended 31 March 2025 on Wednesday, 21 May 2025. The results, along with financial statements and presentation slides, will be filed with the NZX before the market opens.
Hallenstein Glasson (HLG, #45) Holdings reported unaudited group sales of $240m for the six months to 1 February 2025, up from $223m a year earlier, with net profit after tax rising slightly to $21.2m. Glassons Australia led growth with sales up +15.8% to $123.9m and NPAT up +9.0% to $11.8m, supported by new and refurbished stores. Glassons New Zealand delivered flat sales of $57.3m (+0.2%) but lifted profit +18.0% to $6.7m. Hallenstein Brothers saw flat sales at $58.8m and a -43.6% fall in profit to $2.5m due to margin pressure in New Zealand. Digital sales rose to 17.7% of total sales, and the Group declared an interim dividend of 24.5 cents per share. While trading in the new half is up +5.4% year-on-year, margins remain under pressure in a subdued retail environment, with the company focused on cost efficiencies and store growth to navigate ongoing economic uncertainty.
F&P Healthcare (FPH, #1) will hold an Investor Event in Melbourne on Wednesday, 23 July 2025. The in-person event will feature presentations from hospital-based physicians and key opinion leaders, along with opportunities for investors and analysts to meet the company’s broader management team.
Infratil (IFT, #4) Limited intends to announce its annual results for the period ended 31 March 2025 on Wednesday, 28 May 2025.
NZX50 Food Sector
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