Kalkine Media ASX Share Market News & Research
Watchlist Sign Up/Login
Kalkine Media ASX Share Market News & Research

Weekend wrap: 3 Most traded NZX stocks of the day

2 min read | October 10, 2021 12:10 AM NZDT | By Jasmine Anand
Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
Weekend wrap: 3 Most traded NZX stocks of the day
Image source: WHYFRAME, Shutterstock.com

Recent News

thumbnail

Ryman Healthcare (NZX:RYM) FY25 Revenue Rises 10% to NZD 760.7m, Forec...

thumbnail

Lightspeed’s (TSX:LSPD) AI Retail Expansion Impacts the TSX Composite...

thumbnail

Power Corporation of Canada (TSX:POW) Boosts TSX Composite Index

thumbnail

A2 Milk Buys $257m NZ Plant to Boost China Growth

Make Kalkine Media
My Trusted Source

Google Source

Highlights

  • Most traded stocks offer high liquidity to their investors.
  • New Talisman Gold Mines will meet on 11 October to discuss on the election of its new Chair.
  • Promisia Healthcare welcomes its new CEO.

Most traded stocks are those stocks that record the highest trading volumes during a specific day. These provide meaningful insights about the market as well as investors' sentiments about a particular stock or security.

Having said that, let us quickly take a look at the three most traded NZX stocks as of today.

NZX most traded stocks- NTL, PHL, ZEL

Image source: © 2021 Kalkine Media New Zealand Ltd, data source- EODHD/Others

New Talisman Gold Mines Limited (NZX:NTL)

The mining company, New Talisman Gold Mines Limited was one of the highest traded stocks on Friday, with a trading volume of 8,374,854.

Recently, the Company has revealed the departure of its director, Mr Charbel Nader, with immediate effect. The Board will meet on 11 October to deliberate on the election of a new Chair.

On 8 October, New Talisman Gold Mines traded flat at NZ$0.003, at the market close.

Related Read: New Talisman Gold (NZX:NTL) releases activities report for the June quarter

Promisia Healthcare Limited (NZX:PHL)

Another highly traded stock was Promisia Healthcare Limited, with a trading volume of 5,000,000. The Company has recently witnessed the appointment of its new CEO, Chris Brown.

It is noted that Mr Brown was working on a contract basis since February 2021 to support PHL’s management.

At the end of the trading session, Promisia Healthcare remained unchanged at NZ$0.001, on 8 October.

Interesting Read: How to diversify portfolio with NZX small-cap stocks?

Z Energy Limited (NZX:ZEL)

Topping off the list was the country's famous fuel distribution company, Z Energy Limited, with a trading volume of 2,261,300.

In the wake of Ampol’s (an Australian-based company engaged in retail fuel distribution) proposal to acquire ZEL, the latter has announced the extension of its exclusivity period, which originally was for four weeks by another two weeks to address the key issues pertaining to the proposed transaction.

ZEL has assured to keep its shareholders about any developments by 11 October, in this regard.

The shares of Z Energy dipped by 1.17% at NZ$3.380, on 8 October, at the closing bell.

Bottom Line

Investors can always keep a track of the most traded stocks on the NZX Board and can thereafter make informed decisions while trading in them.

Disclaimer

The content on this website, including, but not limited to, any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (“Content”) is a service provided by Kalkine Media New Zealand Limited (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide financial advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests users seek financial advice from a financial advice provider, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all liability to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without any express or implied warranties of any kind. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit a source wherever it is indicated or is found to be necessary or desirable.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.