{"id":89137,"date":"2025-10-20T02:14:06","date_gmt":"2025-10-20T02:14:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/89137\/"},"modified":"2025-10-20T02:14:06","modified_gmt":"2025-10-20T02:14:06","slug":"daily-nzx-update-monday-october-20-2025","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/89137\/","title":{"rendered":"Daily NZX update, Monday, October 20, 2025"},"content":{"rendered":"

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.<\/p>\n

WHAT THE NZX 50 INDEX IS DOING
The NZX50 started the week with little-changed, leaving the index down -0.4% over the past five days, up +1.2% for the month, and up +2.9% year-on-year.<\/p>\n

THE MAIN GAINERS
There were 33 gainers, though movements were generally modest. Ryman Healthcare (RYM<\/a>, #16), Mercury Energy (MCY<\/a>, #5), and Gentrack (GTK<\/a>, #33) each advanced +3%. Ryman is down -4% over five days but up +15% across six months, while still -39% lower year-on-year. Mercury has gained +17% in six months but is -5% over the year. Gentrack has slipped -12% in the past month and -16% annually. SkyCity Entertainment (SKC<\/a>, #36) added +1%, extending its +14% monthly rise, though it remains -40% lower year-on-year.<\/p>\n

Select chart tabs<\/p>\n

$ mln capitalisation
\n Weekly % cap change
\n Rank of 50
\n Share price
\n Annual % share price change<\/p>\n

THE MAIN DECLINERS
On the downside, 52 stocks declined. Briscoe Group (BGP<\/a>, #28) led losses, falling -4%, matching its five-day drop. The retailer is still +17% higher over six months, but -3% year-on-year. Stride Property Group (SPG<\/a>, #37) and Vista Group (VGL<\/a>, #40) each shed -3%. Stride is up +3% year-on-year, while Vista has fallen -11% in the past month and -15% over the year. Air New Zealand (AIR<\/a>, #21) eased -2%, down -1% for the month, though it remains +10% higher year-on-year.<\/p>\n

Select chart tabs<\/p>\n

$ mln capitalisation
\n Weekly % cap change
\n Rank of 50
\n Share price
\n Annual % share price change<\/p>\n

SMARTSHARES EFTs<\/p>\n

\u00a0
\n\t\t\t1-day
\n\t\t\t5-day
\n\t\t\t6-month
\n\t\t\tYTD
\n\t\t\t1Y
\n\t\tNZ Top 50 ETF (FNZ)
\n\t\t\t+0.1%
\n\t\t\t+0.9%
\n\t\t\t+12.2%
\n\t\t\t+3.5%
\n\t\t\t+2.5%
\n\t\tNZ Top 10 ETF (TNZ)
\n\t\t\t+0.3%
\n\t\t\t-1.2%
\n\t\t\t+7.4%
\n\t\t\t-6.8%
\n\t\t\t-4.5%
\n\t\tS\/P NZX50 ETF (NZG)
\n\t\t\t+0.1%
\n\t\t\t-3.3%
\n\t\t\t+10.3%
\n\t\t\t+0.03%
\n\t\t\t+0.03%
\n\t\tNZ Dividend ETF (DIV)
\n\t\t\t-0.8%
\n\t\t\t-1.1%
\n\t\t\t+22.3%
\n\t\t\t+12.7%
\n\t\t\t+9.8%<\/p>\n

KEY ANNOUNCEMENTS
Infratil (IFT<\/a>, #4) has agreed to acquire TECT Holdings\u2019 4.92% stake in Contact Energy (CEN) for $437.7mln, or $8.95 per share. The deal will be funded through $218.8mln of existing debt capacity and the issue of $218.8mln of new Infratil shares to TECT at $12.43 per share. On completion, Infratil\u2019s holding in Contact will rise to 14.3%, up from 9.4% following the recent Contact\u2013Manawa merger. CEO Jason Boyes said the transaction strengthens Infratil\u2019s position in a cashflow-generating business while preserving balance sheet flexibility. TECT CEO Wayne Werder noted the long-standing partnership with Infratil and welcomed the opportunity to diversify by becoming a shareholder in the infrastructure investor.<\/p>\n

Turners Automotive Group (TRA<\/a>, #39) has set the strike price for its Dividend Reinvestment Plan (DRP), relating to the dividend payable on 30 October 2025, at NZ$7.18 per share.<\/p>\n

Select chart tabs<\/p>\n

weekly capitalisation
\n weekly change %
\n weekly $mln change<\/p>\n

Click on the chart title to find more about this sector, including its components.<\/p>\n","protected":false},"excerpt":{"rendered":"Here are the key things you need to know about in the NZX markets over the past 24…\n","protected":false},"author":2,"featured_media":61515,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[138,220,111,139,69],"class_list":["post-89137","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-business","tag-markets","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/89137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=89137"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/89137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/61515"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=89137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=89137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=89137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}