Weekend Wrap: Have These 6 NZX Stocks Been the Most Active During the Week?

Be the First to Comment Read

Weekend Wrap: Have These 6 NZX Stocks Been the Most Active During the Week?

 Weekend Wrap: Have These 6 NZX Stocks Been the Most Active During the Week?
Image source: Natee Meepian,Shutterstock

Summary

  • What trade volumes have these stocks displayed in the week?
  • How have they traded on the NZX today?
  • What’s the reason for them being the most active stocks?

The trading volume of the stocks means how many of them have traded per market day for a particular Company. While there are several factors determining the same, the major ones are its stock performance, market updates, conditions and fluctuations in the economy. Let’s have a look at the ones that have traded the most this week.

Also read: Are These 6 Stocks Gaining Any Volume On NZX?

Image Source: Copyright © 2021 Kalkine Media

Sky Television Network (NZX:SKT)

This is a telecom company established in 1987. The Company recently announced that there would be an investor meeting on June 29, 2021. Sophie Moloney, along with other shareholders, shall discuss essential matters regarding the business, followed by a conference call.

On May, 28 Sky Television Network recorded a trade volume of 4,724,449 and traded at NZ$0.173, up by 0.58%, at the time of writing.

Also read: How Are These Stocks Performing on the NZX Today?

Oceania Healthcare Limited (NZX:OCA)

This is a New Zealand-based provider for old age care. It has recently announced a meeting with the shareholders to be held on June 24, 2021. This shall be a physical meeting, held on the address mentioned in the notice. The team shall discuss essential matters in the meeting with its shareholders.

On May 28, Oceania Healthcare Limited recorded a trade volume of 1,883,997 and traded at NZ$1.390, up by 0.72%, at the time of writing.

Fletcher Building Limited (NZX:FBU)

This Company trades in the NZX and the ASX in different types of building services. The Company recently announced an elevated EBITDA guidance. It was previously NZ$650M and has now been updated to NZ$655M. Ross Taylor, the CEO of the Company, was of the view that the organisation had been making material success in order to help it scale greater heights.

On May 28, Fletcher Building Limited recorded a trade volume of 1,585,909 and traded at NZ$7.440, up by 0.54%, at the time of writing.

Chorus Limited (NZX:CNU)

This is a fixed line telecom connection Company in the country. It has recently advised on the Price quality draft. It has decided on an annual revenue range of NZ$689M to NZ$786M, which would include the pass-through costs. A depreciation rate of 14.3% has been determined.

On May 28, Chorus Limited recorded a trade volume of 1,340,804 and traded at NZ$6.270, down by 0.32%, at the time of writing.

Also read: Are These 6 Interesting NZX Penny Stocks The Cream Of The Crop?

Spark New Zealand Limited (NZX:SPK)

This is a 1987-established Telecom Company, offering different digital services. The Company’s subsidiary, Spark Finance Limited, has extended its NZ$200M up to April 30, 2024. This is regarding its current credit facility, and the extension has been made by a year.

On May 28, Spark New Zealand Limited recorded a trade volume of 1,213,849, traded at NZ$4.495, down by 1.21%, at the time of writing.

New Talisman Gold Mines Limited (NZX:NTL)

This is a gold mining permit, which is located at the Harauki Gold field. In a recent quarterly result announcement, the Company made different statements. It gave an update on the acquisition and further revealed that there had been additional assets identified by Coromandel Gold.

Also read: Why Are These NZX Stocks Making Headlines Today? -MPG, RYM, SAN, OCA, MFB

On May 28, New Talisman Gold Mines Limited recorded a trade volume of 927,954 and traded at NZ$0.003, down by 25.00%, at the time of writing.

Disclaimer

Speak your Mind

Featured Articles

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. OK