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 is up +0.2% on the day, with the index down -0.8% over the past five days, up +0.4% over the past month, +3.8% over six months and +6.0% over the past year. There were 51 gainers and 32 decliners.
THE MAIN GAINERS
a2 Milk (ATM, #8) was the strongest gainer, rising +7%, although it remained -4% lower over the past month, -29% over six months and -8% year-on-year. Stride Property (SPG, #38) climbed +3%, taking its one-month decline to -5% and leaving it -7% lower over six months and the year. Kathmandu Holdings (KMD, #50) rose +2%, with its five-day performance down -2%, while it gained +1% over the past month but remained -98% lower over six months and the year. EBOS Group (EBO, #11) also increased +2%, although it was down -1% over five days, -3% over the past month, -12% over six months and -46% year-on-year.
A2 Milk
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THE MAIN DECLINERS
Briscoe Group (BGP, #30) was the biggest decliner, falling -2%, extending its five-day decline to -3% and one-month loss to -7%, while it was down -2% over six months and -20% year-on-year. Meridian Energy (MEL, #3) also fell -2%, taking its five-day decline to -1% and one-month decline to -2%, with the stock down -3% over six months and -2% year-on-year. F&P Healthcare (FPH, #1) declined -1%, although it remained +5% higher over the past month, +13% over six months and +11% year-on-year. Air New Zealand (AIR, #24) dropped -1%, extending its five-day decline to -1% and one-month fall to -3%, while it remained -30% lower over six months and the year.
Briscoe Group
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SMARTSHARES EFTs
| 1-day | 5-day | 6-month | YTD | 1Y | |
| NZ Top 50 ETF (FNZ) | +0.9% | +0.3% | +0.2% | -3.5% | +1.5% |
| NZ Top 10 ETF (TNZ) | -0.5% | -0.3% | +5.1% | +2.4% | +3.5% |
| S/P NZX50 ETF (NZG) | +0.3% | -0.3% | +2.7% | +0.4% | +3.5% |
| NZ Dividend ETF (DIV) | +0.4% | 0.0% | -0.4% | -2.7% | +4.6% |
KEY ANNOUNCEMENTS
Spark (SPK, #14) has appointed Vince Hawksworth as Chair of the Spark Board, succeeding Justine Smyth following the board’s previously announced succession process. Hawksworth, who joined the board in October 2025 after more than 18 years in chief executive roles across regulated utilities and infrastructure businesses, will take over from Smyth following the board meeting on the 5th of November and lead Spark’s FY26 AGM on the 6th.
Tower (TWR, #41) has appointed Sophie Haslem as an independent director to its board, effective August the 20th, filling a casual vacancy. Haslem brings more than 25 years of commercial, finance and governance experience across New Zealand and Australia, with current directorships at nib New Zealand, CentrePort, Rangatira Investments, Payments NZ and Livestock Improvement Corporation. Tower said her experience in governance, transformation and technology would support its strategy of strengthening performance and building a more resilient, customer-focused business.
Vector (VCT, #10) reported a strong FY26 result, with adjusted EBITDA rising +20% to $482 mln on a +12% increase in revenue, while net profit after tax reached $240 mln. Gross capital expenditure was $544 mln, including a record $512 mln investment in Auckland’s electricity network, while 13,017 new homes and businesses were connected. The board declared an unimputed final dividend of 13.5 cents per share, taking the full-year dividend to 26 cents, with Vector also announcing a dynamic 10kW solar export limit to help customers maximise rooftop solar generation.
Ryman Healthcare (RYM, #18) has welcomed the release of an independent Ministerial Advisory Group report on aged care funding and reform in New Zealand, which recommends near-term funding increases, a split-funding model for care, daily living and accommodation costs, evidence-based pricing and greater incentives for new aged care capacity. The report also proposes an integrated system spanning residential and in-home care, with the Government yet to confirm its policy response.
NZX50 Telecommunication Sector
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