New Zealand is the closest developed market to Australia in terms of distance and culture. However the total size of the equity market stands at a fraction of the Australia equity indices like the asx 100 companies.
NZX mainboard companies list (50 largest companies)
The NZX main board includes a mix of dualisted Australian as well as NZ headquartered companies.
|2||2||ANZ||ANZ Banking Group||48,243,377,948|
|5||5||MEL||Meridian Energy Ltd||11,507,870,000|
|6||6||SPK||Spark New Zealand||8,156,479,547|
NZX 50 Index
The NZX 50 index is New Zealand’s main stock market index which includes only 50 larges of 50 largest NZX companies based in the country. The index is published by S&P and is a float adjusted market capitlization index.
How do I buy NZX 50 Index Fund?