Top 20 NZX trades by Sharesight users – February 2022

24^th February 2022 by Stephanie Stefanovic, Content Writer, Sharesight

Welcome to the February 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 Smartshares’ US 500 (NZX: USF) and NZ Top 50 (NZX: FNZ) ETFs. At the same time, sell trades were led by Air New Zealand (NZX: AIR), which revealed steep losses for Q2 2021; followed by Mainfreight (NZX: MFT), which produced strong earnings for the financial year. Overall, this month’s top-traded stocks were overwhelmingly led by ETFs, with only six of the top 20 trades attributed to individual equities.

Top 20 NZX trades February 2022

Top20 NZX monthly Feb22

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

Mainfreight Limited (NZX: MFT)

Mainfreight shares surge on the back of soaring profit
Further profit growth expected in 2022 due to increased pandemic demand
Mainfreight warns Auckland should expect long freight delivery delays

Air New Zealand (NZX: AIR)

Air NZ records NZ$376m loss for Q2 2021; predicts worse to come in 2022
Plans to relaunch 24 international routes
Air NZ believes government will extend air freight subsidies

Ebos Group (NZX: EBO)

Ebos posts record half-year earnings results
Shares rise 3.4% following earnings report
Ebos helps buoy NZ share market

Infratil Limited (NZX: IFT)

Infratil narrows underlying profit guidance range
Infratil-funded Kao Data plans to open new data centre near London
Share price up 2.63% as NZX 50 continues to rise

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)

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.