Sharesight20NZX weekly top 20 NZX trades – 14th December 2020
Disclaimer: The below article is for informational purposes only and does not constitute a product recommendation, or taxation or financial advice and should not be relied upon as such. Please consult with your financial adviser or accountant to obtain the correct advice for your situation.
In this Sharesight20NZX weekly snapshot of Sharesight users' 20 most traded stocks on the NZX, buy trades were strongly led by the Smartshares NZ Top 50 ETF (NZX: FNZ). Sell trades were led by Infratil (NZX: IFT), which recently rejected a $5 billion takeover bid by AustralianSuper – an offer that valued the company 22% above its market value. Sell trades were followed by Meridian Energy (NZX: MEL), which has continued to perform well, driving up the NZX over the past week.
Top 20 NZX trades last week
Click on the image below to see the full Sharesight20NZX snapshot of the 20 most traded NZX shares during the period:
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