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Top 20 NZX trades by Sharesight users – January 2024

January 29, 2024

This article originated from the Xero blog. The XU Hub is an independent news and media platform - for Xero users, by Xero users. Any content, imagery and associated links below are directly from Xero and not produced by the XU Hub.
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Welcome to the January 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, trades were led by Infratil (NZX: IFT), which has been named as an NZX “stock to watch” this year. Trades were followed by Air NZ (NZX: AIR), which was voted “world’s safest airline” for 2024. It was an ETF-heavy month overall, with 15 of the top 20 trades belonging to ETFs.

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

Infratil Limited (NZX: IFT)

Air New Zealand (NZX: AIR)

Mainfreight Limited (NZX: MFT)

Genesis Energy (NZX: GNE)

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