Blog

Top 20 NZX trades by Sharesight users – May 2024

by Stephanie Stefanovic, Content Manager, Sharesight | May 31st 2024

Welcome to the May 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 was forced to downgrade its earnings guidance due to challenging market conditions. The top trades were followed by Infratil (NZX: IFT), which saw its share price skyrocket in the lead-up to its full-year earnings report, which exceeded analysts’ expectations.

Top 20 NZX trades May 2024

Top20 NZX monthly May24

Let’s look at the news behind the key stocks in this month’s snapshot:

Spark NZ (NZX: SPK)

Infratil (NZX: IFT)

Air NZ (NZX: AIR)

  • Air NZ expected to gain ACCC approval for codeshare with Virgin Australia
  • Air NZ hikes fees for overweight luggage and domestic pet carriage

Ryman Healthcare (NZX: RYM)

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:

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

Track AJ Bell trades with Sharesight

Track your AJ Bell trades with Sharesight

by Stephanie Stefanovic | Jun 20th 2024

If you trade using UK broker AJ Bell, you can automatically track the performance of your trades using Sharesight's portfolio tracker.

Sharesight email alerts

Stay on top of your Sharesight portfolio with email alerts

by Stephanie Stefanovic | Jun 17th 2024

Sharesight makes it easy to stay on top of your portfolio with email alerts for corporate actions, share price changes and weekly performance summaries.

June product updates

Sharesight product updates – June 2024

by Ben Clendon | Jun 11th 2024

Key updates this month include the deployment of the new holdings page to all users, additional broker support and improvements to reporting and trade creation.