Top 20 NZX trades by Sharesight users – April 2022

28^th April 2022 by Stephanie Stefanovic, Content Writer, Sharesight

Welcome to the April 2022 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, buy trades were strongly led by the Smartshares US 500 (NZX: USF) and NZ Top 50 (NZX: FNZ) ETFs. In terms of individual equities, trades were led by Air New Zealand (NZX: AIR), which revealed its four-year investment plan for the airport; followed by The Warehouse Group (NZX: WHS), which was forced to reduce grocery prices due to rapid growth in the cost of living. It was an ETF-heavy month overall, with 12 of the top 20 NZX trades comprising ETFs.

Top 20 NZX trades April 2022

Top20 NZX monthly Apr22

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

Air New Zealand (NZX: AIR)

AirNZ reveals four-year investment plan for airport base
Plans to move corporate HQ into Auckland Airport
AirNZ CEO predicts Trans-Tasman airfares will fall

The Warehouse Group (NZX: WHS)

Warehouse CEO optimistic about company’s prospects despite previous failures
Drops price of basic groceries in response to skyrocketing cost of living
Warehouse implements Workday employee listening program to help improve retention

Spark New Zealand (NZX: SPK)

Spark NZ commences partial cell tower network sale
Plans to retain shareholding in TowerCo; commits to 10-year new site build programme
Research firm downgrades Spark NZ to ‘hold’

Genesis Energy (NZX: GNE)

Genesis share price on watch ahead of quarterly earnings report next week
Genesis looking into use of underwater drones to check hydro tunnels
Dismisses idea of nuclear energy as an option for NZ

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