Top 20 NZX trades by Sharesight users – April 2024
Welcome to the April 2024 edition of Sharesight’s monthly NZX trading snapshot, where we look at the top 20 trades Sharesight users made on the NZX during the month.
In this snapshot, trades were strongly led by Smartshares’ US 500 (NZX: USF) and NZ Top 50 (NZX: FNZ) ETFs. In terms of individual stocks, the top trades were led by Spark NZ (NZX: SPK), which made a NZ$15 million investment into digital infrastructure in NZ’s Waikato region. The top trades were also led by Air New Zealand (NZX: AIR), which recently saw its share price drop after a downward revision of its earnings estimate. It was an ETF-heavy month overall, with 13 of the top 20 trades belonging to ETFs.
Top 20 NZX trades April 2024
Let’s look at the news behind the key stocks in this month’s snapshot:
Spark NZ (NZX: SPK)
- Spark invests NZ$15 million into digital infrastructure in Waikato
Air NZ (NZX: AIR)
- Air NZ to resume flights to Hobart and Seoul from October 2024
- Air NZ revises earnings estimates downward as market challenges mount
- Share price drops following reduced earnings estimate
Infratil (NZX: IFT)
- Infratil and NZ Super put RetireAustralia back up for auction
Auckland International Airport (NZX: AIA)
- AIA opens first stage of new Transport Hub
- Tweaks made at Transport Hub due to complaints from disabled passengers and commercial vehicle operators
Genesis Energy (NZX: GNE)
- Genesis Energy explores AI possibilities with Microsoft Copilot’s early access program
- Work begins on Genesis and FRV’s joint 63MW NZ solar project
Track your investment portfolio with Sharesight
Get access to Sharesight20 insights like this by tracking your investment portfolio with Sharesight. Built for the needs of investors like you:
-
Track all your investments in one place, including stocks, mutual/managed funds, property, and even cryptocurrency
-
Get the true picture of your investment performance, including the impact of brokerage fees, dividends, and capital gains with Sharesight’s annualised performance calculation methodology
-
Run powerful reports built for investors, including performance, portfolio diversity, contribution analysis and future income
-
Run tax reports including taxable income (dividends/distributions), capital gains tax (Australia and Canada), traders tax (Capital Gains for traders in NZ) and FIF foreign investment fund income reports (NZ)
Sign up for a FREE Sharesight account and get started tracking your investments today.
Disclaimer: The above article is for informational purposes only and does not constitute a specific product recommendation, or taxation or financial advice and should not be relied upon as such. While we use reasonable endeavours to keep the information up-to-date, we make no representation that any information is accurate or up-to-date. If you choose to make use of the content in this article, you do so at your own risk. To the extent permitted by law, we do not assume any responsibility or liability arising from or connected with your use or reliance on the content on our site. Please check with your adviser or accountant to obtain the correct advice for your situation.
FURTHER READING
Morningstar analyses Australian investors' top trades of FY26
Morningstar analyses Australian Sharesight users' top trades of FY25/26. Keep reading to see some of the most notable picks from the year.
Top SMSF trades by Australian Sharesight users in FY25/26
Welcome to our annual Australian financial year trading snapshot for SMSFs, where we dive into this year’s top trades by Sharesight users.
Top trades by Australian Sharesight users in FY25/26
Welcome to the FY25/26 edition of our Australian trading snapshot, where we dive into this financial year’s top trades by Sharesight users.