S&P/NZX 50 Index
The S&P/NZX 50 Index 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.[1]
Operator | NZX, S&P Dow Jones Indices |
---|---|
Exchanges | NZX |
Constituents | 50 |
Type | Large capitalisation |
Website | S&P/NZX 50 Index |
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.[1] The NZSE 40 Capital Index replaced the Barclays index in 1992,[2] although the Barclays index is still compiled by the NZX but not made widely available.[3] In 2015, the index was renamed to S&P/NZX 50 Index reflecting a 'strategic partnership' between NZX and S&P Dow Jones Indices (S&P DJI). As part of the partnership, S&P DJI has assumed responsibility for calculating, publishing distributing all NZX indices.[4]
Constituents

Ticker symbol | Company | Sector |
---|---|---|
AIA.NZ | Auckland International Airport | Airport Services |
AIR.NZ | Air New Zealand | Airlines |
ANZ.NZ | Australia & New Zealand Banking Group | Diversified Banks |
ARG.NZ | Argosy Property | Diversified REITs |
ARV.NZ | Arvida Group | Health Care Facilities |
ATM.NZ | A2 Milk Company | Packaged Foods & Meats |
CEN.NZ | Contact Energy | Electric Utilities |
CNU.NZ | Chorus Limited | Alternative Carriers |
EBO.NZ | Ebos Group | Health Care Distributors |
ERD.NZ | EROAD Limited | Transportation & Logistics |
FBU.NZ | Fletcher Building | Construction Materials |
FPH.NZ | Fisher & Paykel Healthcare | Health Care Equipment & Services |
FRE.NZ | Freightways Limited | Air Freight & Logistics |
FSF.NZ | Fonterra Shareholders' Fund | Packaged Foods & Meats |
GMT.NZ | Goodman Property Trust | Diversified REITs |
GNE.NZ | Genesis Energy Limited | Electric Utilities |
HGH.NZ | Heartland Bank | Diversified Banks |
IFT.NZ | Infratil | Electric Utilities |
IPL.NZ | Investore | Retail REITs |
KMD.NZ | KMD Brands | Specialty Stores |
KPG.NZ | Kiwi Property Group | Retail REITs |
MCY.NZ | Mercury Energy | Electric Utilities |
MEL.NZ | Meridian Energy | Renewable Electricity |
MFT.NZ | Mainfreight | Air Freight & Logistics |
NZX.NZ | NZX | Financial Exchanges & Data |
OCA.NZ | Oceania Healthcare | Health Care Facilities |
PCT.NZ | Precinct Properties New Zealand | Office REITs |
PEB.NZ | Pacific Edge | Health Care Equipment & Services |
PFI.NZ | Property for Industry | Industrial REITs |
POT.NZ | Port of Tauranga | Marine Ports & Services |
PPH.NZ | Pushpay Holdings Limited | Application Software |
RBD.NZ | Restaurant Brands | Restaurants |
RYM.NZ | Ryman Healthcare | Health Care Facilities |
SAN.NZ | Sanford Limited | Packaged Foods & Meats |
SCL.NZ | Scales Corporation | Packaged Foods & Meats |
SKC.NZ | Skycity Entertainment Group | Casinos & Gaming |
SKL.NZ | Skellerup | Industrial Machinery |
SKO.NZ | Serko | Application Software |
SKT.NZ | Sky Network Television | Cable & Satellite |
SML.NZ | Synlait | Packaged Foods & Meats |
SPG.NZ | Stride Property Ltd & Stride Investment Management | Diversified REITs |
SPK.NZ | Spark New Zealand | Integrated Telecommunication Services |
SUM.NZ | Summerset Holdings | Health Care Facilities |
THL.NZ | Tourism Holdings Limited | Trucking |
TPW.NZ | Trustpower | Electric Utilities |
VCT.NZ | Vector Limited | Multi-Utilities |
VGL.NZ | Vista Group International | Application Software |
VHP.NZ | Vital Healthcare Property Trust | Health Care REITs |
WBC.NZ | Westpac | Diversified Banks |
ZEL.NZ | Z Energy | Oil & Gas Refining & Marketing |
See also
- List of companies of New Zealand - includes older list of NZX 50 companies
References
- 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. Archived from the original (PDF) on 24 July 2011. Retrieved 7 November 2010.
- 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.
- Gaynor, Brian (6 November 2010). "The biggest day we had... and its lessons". The New Zealand Herald. Retrieved 7 November 2010.
- "NZX50 gets new name as S&P signs up". The New Zealand Herald. 27 February 2015. Retrieved 21 June 2021.