BRIAN GAYNOR: Sharesies and its huge impact on the NZX

BRIAN GAYNOR: Sharesies and its huge impact on the NZX
Brian Gaynor
There has been a dramatic change in NZX trading activity in recent months.A phenomenal increase in trades is due to escalating interest in the NZX by the younger generation, particularly through Sharesies.It is well illustrated by the following graph, which covers NZX All Index companies.The grey bars, which measure the number of trades, show individual trade numbers have soared from around 200,000 per month at the end of 2017 to more than one million trades in March this year — and have remained at this elevated level over rece...

More Markets

NZ sharemarket up 0.5% ahead of long weekend
Markets Market Close

NZ sharemarket up 0.5% ahead of long weekend

Pacific Edge's share price fell 7.32%.

Tom Raynel 24 Apr 2025
Pacific Edge suffers another setback in US
Markets

Pacific Edge suffers another setback in US

Shares in cancer diagnostics company Pacific Edge are down 2.44% to $0.120 after another setback in the US market.The US District Court for the Middle District of Pennsylvania has determined that it does not have jurisdiction to review a Local Coverage Determination (LCD) that co...

Staff reporters 24 Apr 2025
Listed retailers stand to gain from Trump tariffs:  Forsyth Barr
Retail

Listed retailers stand to gain from Trump tariffs: Forsyth Barr

Forsyth Barr lifted its KMD Brands target price by 10.4% after Trump tariff walkbacks.

Gregor Thompson 24 Apr 2025
NZ sharemarket rises as Trump backs down
Markets Market Close

NZ sharemarket rises as Trump backs down

The S&P/NZX 50 Index closed up 1.01% or 119.78 points.

Tom Raynel 23 Apr 2025