NZX 50 Index

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

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.[2] The NZSE 40 Capital Index replaced the Barclays index in 1992,[3] although the Barclays index is still compiled by the NZX but not made widely available.[4]


NZX 50 Index 1974–2012

As of 16 December, 2016, the constituent companies of the NZX 50 are:[5]

Ticker symbol Company Sector
AIA Auckland International Airport Limited Ports
AIR Air New Zealand Limited Transport
ANZ Australia and New Zealand Banking Group Limited Finance & Other Services
ARG Argosy Property Limited Property
ARV Arvida Group Limited Retirement & Aged care services
ATM The a2 Milk Company Limited Agriculture & Fishing
CEN Contact Energy Limited Energy Processing
CNU Chorus Limited Media & Comms
EBO Ebos Group Limited Intermed & Durables
FBU Fletcher Building Limited Building
FPH Fisher & Paykel Healthcare Corporation Limited Intermed & Durables
FRE Freightways Limited Transport
FSF Fonterra Shareholders' Fund Agriculture & Fishing
GMT Goodman Property Trust Property
GNE Genesis Energy Limited Energy Processing
HBL Heartland Bank Limited Finance & Other Services
IFT Infratil Limited Investment
KMD Kathmandu Holdings Limited Textiles & Apparel
KPG Kiwi Property Group Limited Property
MCY Mercury Energy Limited Energy Processing
MEL Meridian Energy Limited Energy Processing
MET Metlifecare Limited Finance & Other Services
MFT Mainfreight Limited Transport
MPG Metro Performance Glass Limited Building
NPX Nuplex Industries Limited Manufacturing
NZR The New Zealand Refining Company Limited Energy Processing
NZX NZX Limited Finance & Other Services
OHE Orion Health Group Limited Finance & Other Services
PCT Precinct Properties New Zealand Limited Property
PFI Property for Industry Limited Property
POT Port of Tauranga Limited Ports
RBD Restaurant Brands New Zealand Limited Consumer
RYM Ryman Healthcare Limited Retirement & Aged care services
SKC Sky City Entertainment Group Limited Leisure & Tourism
SKL Skellerup Holdings Limited Intermed & Durables
SKT Sky Network Television Limited Media & Comms
SPK Spark New Zealand Limited Media & Comms
SPG Stride Property Limited Property
STU Steel & Tube Holdings Limited Building
SUM Summerset Group Holdings Limited Finance & Other Services
TME Trade Me Group Limited Finance & Other Services
TPW Trustpower Limited Energy Processing
TWR Tower Limited Finance & Other Services
VCT Vector Limited Energy Processing
VHP Vital Healthcare Property Trust Property
WBC Westpac Banking Corporation Finance & Other Services
WHS The Warehouse Group Limited Consumer
XRO Xero Limited Finance & Other Services
ZEL Z Energy Limited Energy Processing

See also[edit]


  1. ^ Market Capitalisation (05 Nov 2013)
  2. ^ a b 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. 
  3. ^ 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. 
  4. ^ Gaynor, Brian (6 November 2010). "The biggest day we had... and its lessons". The New Zealand Herald. Retrieved 7 November 2010. 
  5. ^ "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. 

External links[edit]