Top 20 NZX trades by Sharesight users – February 2024
Welcome to the February 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 Air New Zealand (NZX: AIR), which attributed its declining profit to inflation, supply chain issues and problems with GTF engines that power its A320neo planes. It was an ETF-heavy month overall, with 14 of the top 20 trades belonging to ETFs.
Top 20 NZX trades February 2024
Let’s look at the news behind the key stocks in this month’s snapshot:
Air NZ (NZX: AIR)
- NZ government renews Air NZ partnership with Singapore Airlines
- Air NZ blames post-COVID inflation, supply chain issues and engine problems for profit decline
- Air NZ and Auckland Airport continue to quarrel over multi-billion dollar redevelopment
Fletcher Building (NZX: FBU)
- Fletcher Building denies equity raise plans
- Fletcher’s CEO and chairman to step down
- Fletcher faces downgrade following huge first-half loss
Genesis Energy (NZX: GNE)
- Genesis Energy’s half-year profit plunges 73%
- Announces reduced dividend following disappointing earnings
- Genesis CFO announces resignation
Heartland Group (NZX: HGH)
- Heartland profit falls due to one-off costs and slowed lending
- Share price rises despite decline in profit
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
Sharesight product updates – March 2026
This month’s focus was on streamlined navigation, new Tax and Tools tabs, a refined Investments tab, and improved visibility for Xero transaction syncing.
Why share registries aren't enough
Learn why share registries like Computershare and MUFG are vital for dividends and records, but why they aren't a substitute for a dedicated portfolio tracker.
Top trades by New Zealand Sharesight users — February 2026
Welcome to the February 2026 edition of Sharesight’s monthly trading snapshot, where we look at the top 20 trades made by New Zealand Sharesight users.