Blog

Top 20 NZX trades by Sharesight users – July 2023

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

Welcome to the July 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 plan to acquire a majority stake in Console Connect. Overall, this month’s top trades were dominated by ETFs, with 15 of the top 20 trades consisting of ETFs.

Top 20 NZX trades July 2023

Top20 NZX monthly Jul23

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

Infratil (NZX: IFT)

  • Infratil shares falter along with other NZX 50 stocks due to growing caution amid inflationary pressures
  • Infratil plans to acquire 80% stake in Console Connect
  • Plans to use cash from newly-acquired One NZ to invest across key growth platforms

Mainfreight (NZX: MFT)

  • Mainfreight reveals plummeting pre-tax earnings in Q1 results
  • Announces hiring freeze due to challenging economic conditions
  • Shares drop as Mainfreight warns of slowing economy

Air NZ (NZX: AIR)

Spark NZ (NZX: SPK)

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:

Sign up for a FREE Sharesight account and get started tracking your investments today.

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.

FURTHER READING

Top 50 investing and finance blogs

Top 50 finance and investing blogs in 2025

by Stephanie Stefanovic | Mar 30th 2025

Check out this list created by the Sharesight team, covering the 50 best personal finance and investment blogs from around the world.

Listed investment companies2

Why invest in listed investment companies?

by Geoff Wilson AO, Founder and Chairman, Wilson Asset Management | Mar 26th 2025

Listed Investment Companies (LICs) offer access to professional fund management, franked income and long-term capital growth. Keep reading to learn more.

Sharesight vs alternatives

Sharesight vs. alternatives: Why investors choose our portfolio tracker

by Prashant Mohan | Mar 19th 2025

Compare Sharesight to alternative portfolio trackers and see why 500,000+ investors trust Sharesight for smarter portfolio management and tax reporting.