Blog | Market insights

Top 20 NZX trades by Sharesight users – April 2023

by Stephanie Stefanovic, Content Manager, Sharesight | Apr 28th 2023

Welcome to the April 2023 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 equities, trades were led by Spark NZ (NZX: SPK), which announced a three-year plan to invest in data centres. Trades were followed by Air New Zealand (NZX: AIR), which increased its profit forecast for FY23. It was an ETF-heavy month overall, with 15 of the top 20 trades belonging to ETFs.

Top 20 NZX trades April 2023

Top20 NZX monthly Apr23

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

Spark New Zealand (NZX: SPK)

Air New Zealand (NZX: AIR)

Genesis Energy (NZX: GNE)

Mercury NZ (NZX: MCY)

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