NZX 50 Index

NZX 50 Index
Operator NZX
Exchanges NZX
Constituents 50
Type Large capitalisation
Market cap NZ$56 billion (Nov 2013)[1] NZ$129 billion (Apl 2018) [2]
Website NZX 50 Index

The NZX 50 Index (NZ50) is the main stock market index in New Zealand. It comprises the 50 biggest stocks by free-float market capitalisation trading on the New Zealand Stock Market (NZSX). The calculation of the free-float capitalisation excludes blocks of shares greater than 20% and blocks between 5% and 20% that are considered strategic.[3]

The index was introduced as the NZSX 50 Index in March 2003 and replaced the NZSE 40 Index as the headline index. It was renamed the NZX 50 Index in late 2005.[3] The NZSE 40 Capital Index replaced the Barclays index in 1992,[4] although the Barclays index is still compiled by the NZX but not made widely available.[5]

Constituents

NZX 50 Index 1974–2012

As of 16 December, 2016, the constituent companies of the NZX 50 are:[6]

Ticker symbolCompanySector
AIA.NZAuckland International Airport LimitedPorts
AIR.NZAir New Zealand LimitedTransport
ANZ.NZAustralia and New Zealand Banking Group LimitedFinance & Other Services
ARG.NZArgosy Property LimitedProperty
ARV.NZArvida Group LimitedRetirement & Aged care services
ATM.NZThe a2 Milk Company LimitedAgriculture & Fishing
CEN.NZContact Energy LimitedEnergy Processing
CNU.NZChorus LimitedMedia & Comms
EBO.NZEbos Group LimitedIntermed & Durables
FBU.NZFletcher Building LimitedBuilding
FPH.NZFisher & Paykel Healthcare Corporation LimitedIntermed & Durables
FRE.NZFreightways LimitedTransport
FSF.NZFonterra Shareholders' FundAgriculture & Fishing
GMT.NZGoodman Property TrustProperty
GNE.NZGenesis Energy LimitedEnergy Processing
HBL.NZHeartland Bank LimitedFinance & Other Services
IFT.NZInfratil LimitedInvestment
KMD.NZKathmandu Holdings LimitedTextiles & Apparel
KPG.NZKiwi Property Group LimitedProperty
MCY.NZMercury Energy LimitedEnergy Processing
MEL.NZMeridian Energy LimitedEnergy Processing
MET.NZMetlifecare LimitedFinance & Other Services
MFT.NZMainfreight LimitedTransport
MPG.NZMetro Performance Glass LimitedBuilding
NZR.NZThe New Zealand Refining Company LimitedEnergy Processing
NZX.NZNZX LimitedFinance & Other Services
OHE.NZOrion Health Group LimitedFinance & Other Services
PCT.NZPrecinct Properties New Zealand LimitedProperty
PFI.NZProperty for Industry LimitedProperty
POT.NZPort of Tauranga LimitedPorts
RBD.NZRestaurant Brands New Zealand LimitedConsumer
RYM.NZRyman Healthcare LimitedRetirement & Aged care services
SKC.NZSky City Entertainment Group LimitedLeisure & Tourism
SKL.NZSkellerup Holdings LimitedIntermed & Durables
SKT.NZSky Network Television LimitedMedia & Comms
SPK.NZSpark New Zealand LimitedMedia & Comms
SPG.NZStride Property LimitedProperty
STU.NZSteel & Tube Holdings LimitedBuilding
SUM.NZSummerset Group Holdings LimitedFinance & Other Services
TME.NZTrade Me Group LimitedFinance & Other Services
TPW.NZTrustpower LimitedEnergy Processing
TWR.NZTower LimitedFinance & Other Services
VCT.NZVector LimitedEnergy Processing
VHP.NZVital Healthcare Property TrustProperty
WBC.NZWestpac Banking CorporationFinance & Other Services
WHS.NZThe Warehouse Group LimitedConsumer
XRO.NZXero LimitedFinance & Other Services
ZEL.NZZ Energy LimitedEnergy Processing

See also

References

  1. ↑ Market Capitalisation (05 Nov 2013)
  2. ↑ https://www.nzx.com/markets/nzsx
  3. 1 2 McVerry, Nick; Vos, Ed (2009). "NZX50: Increased investibility and price pressure on additions and deletions" (PDF). New Zealand Journal of Applied Business Research. 7 (2): 1–17.
  4. ↑ Tourani-Rad, Alireza; Choi, Daniel F.S.; Wilson, Benjamin John (2006). "A time-varying beta approach to measuring New Zealand's country risk". Managerial Finance. 32 (3): 257–269. doi:10.1108/03074350610646762.
  5. ↑ Gaynor, Brian (6 November 2010). "The biggest day we had... and its lessons". The New Zealand Herald. Retrieved 7 November 2010.
  6. ↑ "S&P Dow Jones Indices Announces December 2015 Quarterly Rebalance of the S&P/NZX Indices" (PDF). S&P Dow Jones Indices. Retrieved 9 January 2016.
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