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How to use Watchlists in Online Share Trading

When you log in to Online Share Trading, you’ll find a wide range of tools, reports and other resources available to help you make informed investment decisions. This guide will help you get to grips with one of those tools: Watchlists.

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01

What is a Watchlist?

The Watchlist tool is one of the most helpful tools inside Online Share Trading and allows you to view and monitor New Zealand and Australian shares that you’re interested in. With this tool you can do a number of things:

  • Capture a snapshot of market data and market movements for a large number of shares, all in one place.
  • Create personalised lists of stocks you want to follow.
  • Access live pricing through your personalised Watchlists.
  • Track popular market movements with pre-loaded Watchlists.
  • Stay informed with new recommendations and company news on shares you are watching.
  • Buy or sell shares directly from the Watchlist.

When you log in to Online Share Trading, it opens on the Watchlist of your choice. If you haven’t set up your own Watchlist yet, the first Watchlist you’ll see is ‘Biggest Gains’. This is one of five pre-loaded Watchlists available to you and shows the New Zealand and Australian shares making the biggest gains that day, with pricing information 20 minutes delayed. All information shown in a Watchlist is updated when the markets open.

02

How to read a Watchlist

From this chart you can tell a lot. Starting at the top and moving left, you can see:

What it means
Stock
The unique stock code by which every listed equity can be identified.
Last
The price of the last trade made.
Change
The price change up or down from the previous day’s closing price. Green shows a rise, while red shows a drop.
Buy
The highest price a buyer is currently willing to pay for this share.
Sell
The lowest price a seller is currently asking for this share.
Open
The price that the first share traded for today.
High
The highest price paid for this share so far today.
Low
The lowest price paid for this share so far today.
Volume
The number of shares that have changed hands so far today.
Turnover
The amount of money that has changed hands while trading this share today.

Recommendations and Announcements

From time to time, you’ll notice a speech bubble or a newspaper icon appear beside the stock code. This means there’s new information available about this stock that may help your investment decisions. To see what’s new, just click on the icon.

What it means
A speech bubble shows that analysts have released a new recommendation for this stock.
A newspaper icon means that there is a new announcement about this company.

03

Catch what’s happening in the market with preloaded Watchlists

There are a few things that most investors like to keep an eye on, so we make it easy for you with pre-loaded Watchlists.

It’s important to know that all pricing data in a pre-loaded Watchlist is delayed by 20 minutes. Also if you want to update it, press the ‘refresh’ button in the top right corner.

You have five pre-loaded Watchlists:

Biggest Gains

This Watchlist shows the shares that have gained the most in value since the previous trading day. Shares are ranked by the difference in percentage between the previous trading day's closing price and the current market price.

Top Volumes

Volume is the number of shares changing hands between buyers and sellers, and is a measure of market activity. The "Top Volumes" are those shares with the most shares traded during the current business day.

Upcoming Dividends

dividend is the part of the company's after tax profit paid to shareholders. The "Upcoming Dividends Watchlist" gives a list of companies that have confirmed a dividend payment and have recently gone past the cut-off date for receiving a dividend, or will go past the cut-off date for the next dividend in the near future. This cut-off date is called "ex-dividend". If you purchase on or after the ex-dividend date you will not be entitled to that dividend.

Biggest Losses

This Watchlist shows the shares that have gone down the most in value since the previous day. This is measured as the difference in percentage between the previous trading day's closing price and the current market price.

Top Values

Value is the volume of shares traded multiplied by the traded price to give an overall dollar amount. It is a measure of activity as an overall dollar value.

04

See live pricing with a personalised Watchlist

While pre-loaded Watchlists can give you a dynamic overview of what’s happening in the market with a 20 minute delay, a personalised Watchlist can give you live pricing on the specific shares you’re interested in.

You can create up to 10 personal Watchlists and add up to 50 New Zealand and 50 Australian shares to each. So you might have one Watchlist for the shares you’re actively considering, and other Watchlists to follow how an industry or sector as a whole is performing.

How to create your first watchlist

You can create your own Watchlist in just a few steps. If you want to get started quickly, make sure you watch our video how to monitor and research shares.

1. Click the ‘+’ icon
You’ll find this beside the dropdown menu on the Watchlist page.

2. Name your list
Give your Watchlist a descriptive name and tick the box if you want this to be your default Watchlist.

3. Click Done
You’ll now see your new list in the drop menu.

Adding shares to your Watchlist

Now you’ve created your own Watchlist you need to add some stocks to it. Again, that’s something you can do in just few quick steps:

1. Click on your new Watchlist

2. Select ‘Add new stock’

3. Type in stock name or code

4. Click ‘Add stock’

That’s it. That stock will now appear in your Watchlist. You can delete an individual stock or an entire Watchlist at any time.

Hit ‘Refresh’ in your Watchlist to see the latest pricing

You can see live-pricing in your Watchlist anytime you want. To see the latest pricing data on shares in your Watchlist, just hit the Refresh button in your Watchlist and your list will update. It’s as simple as that.

05

Get the most out of Online Share Trading

Watchlists are just one of the powerful tools you’ll find inside Online Share Trading that can help you make investment decisions. If you haven’t already, it’s a good idea now to read our guide on portfolios, researching companies and charts.

Set up a Watchlist

Set up

You can set up a Watchlist in Online Share Trading. Log in or join now.

Set up online

Any questions?

We can help you get started, email us.

asbsecinfo@asb.co.nz

Call us

Our helpful team is available Monday to Friday, 7am to 6pm.

0800 272 732

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