# S&P/NZX 50

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.
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. The NZSE 40 Capital Index replaced the Barclays index in 1992, although the Barclays index is still compiled by the NZX but not made widely available. 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.

## Constituents

| Ticker symbol | Company | Sector |
| AIA | Auckland International Airport Limited | Airport Services |
| AIR | Air New Zealand Limited | Airlines |
| ANZ | ANZ Group Holdings Limited | Diversified Banks |
| ARG | Argosy Property Limited | Diversified REITs |
| ARV | Arvida Group Limited | Health Care Facilities |
| ATM | The a2 Milk Company Limited | Packaged Foods & Meats |
| CEN | Contact Energy Limited | Electric Utilities |
| CHI | Channel Infrastructure NZ Limited | Oil and Gas Refining |
| CNU | Chorus Limited | Alternative Carriers |
| EBO | EBOS Group Limited | Health Care Distributors |
| FBU | Fletcher Building Limited | Construction Materials |
| FPH | Fisher & Paykel Healthcare Corporation Limited | Health Care Equipment & Services |
| FRW | Freightways Group Limited | Air Freight & Logistics |
| FSF | Fonterra Shareholders' Fund | Packaged Foods & Meats |
| GMT | Goodman Property Trust | Diversified REITs |
| GNE | Genesis Energy Limited | Electric Utilities |
| GTK | Gentrack Group Limited | Application Software |
| HGH | Heartland Group Holdings Limited | Diversified Banks |
| HLG | Hallenstein Glasson Holdings Limited | Consumer Cyclical |
| IFT | Infratil Limited | Electric Utilities |
| IPL | Investore Property Limited | Retail REITs |
| KMD | KMD Brands Limited | Specialty Stores |
| KPG | Kiwi Property Group Limited | Retail REITs |
| MCY | Mercury NZ Limited | Electric Utilities |
| MEL | Meridian Energy Limited | Renewable Electricity |
| MFT | Mainfreight Limited | Air Freight & Logistics |
| MNW | Manawa Energy Limited | Energy |
| NZX | NZX Limited | Financial Exchanges & Data |
| OCA | Oceania Healthcare Limited | Health Care Facilities |
| PCT | Precinct Properties NZ & Precinct Properties Investments Ltd | Office REITs |
| PFI | Property for Industry Limited | Industrial REITs |
| POT | Port of Tauranga Limited | Marine Ports & Services |
| RYM | Ryman Healthcare Limited | Health Care Facilities |
| SAN | Sanford Limited | Packaged Foods & Meats |
| SCL | Scales Corporation Limited | Packaged Foods & Meats |
| SKC | SkyCity Entertainment Group Limited | Casinos & Gaming |
| SKL | Skellerup Holdings Limited | Industrial Machinery |
| SKO | Serko Limited | Application Software |
| SKT | Sky Network Television Limited | Cable & Satellite |
| SPG | Stride Property Ltd & Stride Investment Management Ltd | Diversified REITs |
| SPK | Spark New Zealand Limited | Integrated Telecommunication Services |
| SUM | Summerset Group Holdings Limited | Health Care Facilities |
| THL | Tourism Holdings Limited | Tourism |
| TRA | Turners Automotive Group Limited | Automotive |
| VCT | Vector Limited | Multi-Utilities |
| VGL | Vista Group International Limited | Application Software |
| VHP | Vital Healthcare Property Trust | Health Care REITs |
| VSL | Vulcan Steel Limited | Metals & Mining |
| WBC | Westpac Banking Corporation | Diversified Banks |
| WHS | The Warehouse Group Limited | Retail |