S&P/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]
Constituents
As of April 14, 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 |
| ATM | The a2 Milk Company Limited | Agriculture & Fishing |
| CEN | Contact Energy Limited | Energy Processing |
| CNU | Chorus Limited | Media & Comms |
| COA | Coats Group plc | Overseas |
| 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 | Finance & Other 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 |
| STR | 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
- List of companies of New Zealand - includes older list of NZX 50 companies
References
- ^ Market Capitalisation (05 Nov 2013)
- ^ 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.
- ^ Tourani-Rad, Alireza (2006). "A time-varying beta approach to measuring New Zealand's country risk". Managerial Finance. 32 (3): 257–269. doi:10.1108/03074350610646762.
{{cite journal}}: Unknown parameter|coauthors=ignored (|author=suggested) (help) - ^ Gaynor, Brian (6 November 2010). "The biggest day we had... and its lessons". The New Zealand Herald. Retrieved 7 November 2010.
- ^ "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.
