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Top 20 NZX trades by Sharesight users – August 2023

August 30, 2023

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 August 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 stocks, trades were led by Infratil (NZX: IFT), which recently announced its plans to invest in hydrogen energy and sustainable aviation fuel. Overall, this month’s top trades were dominated by ETFs, with 14 of the top 20 trades consisting of ETFs.

Top 20 NZX trades August 2023

Top20 NZX monthly Aug2023

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

Infratil (NZX: IFT)

Air New Zealand (NZX: AIR)

Genesis Energy (NZX: GNE)

Fletcher Building (NZX: FBU)

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