Blog | Market insights

Top 20 NZX trades by Sharesight users – August 2021

by Stephanie Stefanovic, Content Manager, Sharesight | Aug 30th 2021

Welcome to the August 2021 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 NZ Top 50 (NZX: FNZ) and US 500 (NZX: USF) ETFs. At the same time, sell trades were led by a2 Milk (NZX: ATM), which continues to struggle due to declining revenue from the Chinese market. It was a varied month overall, with trades in the energy, financial services, healthcare and logistics sectors, as well as a wide variety of ETFs.

Top 20 NZX trades August 2021

Top20 NZX monthly Aug21

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

A2 Milk (NZX: ATM)

Eroad (NZX: ERD)

Contact Energy (NZX: CEN)

  • Contact Energy boosts net profit by 50%; reduces annual dividend
  • Proposes amalgamation of Contact Energy and Genesis Energy assets to create ‘ThermalCo’
  • Genesis Energy shoots down Contact’s ThermalCo proposal; suggests capacity market instead

Heartland Group (NZX: HGH)

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Disclaimer: The above article is for informational purposes only and does not constitute a product recommendation, or taxation or financial advice and should not be relied upon as such. Always check with your financial adviser or accountant to obtain the correct advice for your situation.