Top 20 NZX trades by Sharesight users – January 2022

Welcome to the January 2022 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, buy and sell trades were strongly led by the Smartshares US 500 (NZX: USF) and NZ Top 50 (NZX: FNZ) ETFs. As for individual equities, trades were led by EBOS Group (NZX: EBO), which plans to buy Australian competitor LifeHealthcare; followed by Air New Zealand (NZX: AIR), which made two new executive appointments. Overall, January’s trades were largely dominated by ETFs, with ETFs comprising 13 of the top 20 trades.

Top 20 NZX trades January 2022

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

EBOS Group (NZX: EBO)

• EBOS plans to buy LifeHealthcare for AU$1.16b
• Raises NZ$674m for LifeHealthcare purchase; share price rallies by 2.5%
• EBOS stock slides along with the rest of the NZX50

Air New Zealand (NZX: AIR)

• Air NZ announces two executive team appointments
• Declared safest airline for 2022, replacing Qantas
• In-flight service paused due to COVID risk

Mainfreight (NZX: MFT)

• Investigation into Mainfreight finds logbook and work time breaches by drivers
• Mainfreight MD assures that company will keep trucks at full capacity during Omicron outbreak
• Mainfreight stock drops in NZX50 slide

Warehouse Group (NZX: WHS)

• Warehouse Group reveals decreased sales in peak Christmas period
• Share price drops following sales update
• CEO divulges plan to address global competitors

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FURTHER READING

• Subscribe to Sharesight20 trading snapshots
• How Sharesight calculates your investment performance
• Sharesight users' top trades in US, ASX and NZX stocks – December 2021