The New Zealand Exchange (NZX) is the only registered securities exchange in New Zealand. It was born out of the merger of four regional stock exchanges which, in turn, were born out of the country's four biggest gold mines. It was called the New Zealand Stock Exchange at the time and in 2003 it officially changed its name to the New Zealand Exchange. NZX has about 300 listed securities with a combined market capitalization of 144.8NZD billion.
Among these listed securities are stocks of well-known and actively traded companies such as Fonterra, Air New Zealand, Fletcher Building, the Kiwi Property Group and Genesis Energy. A key index is the S&P/NZX 50, which tracks the performance of the 50 biggest and most liquid New Zealand stocks. It is managed by S&P Dow Jones Indices and widely seen as the preeminent benchmark index of the New Zealand stock market. TradingView has tools like a stock screener and quotes dashboard to help traders find the best New Zealand stocks to trade.
