NZX trading value rises in September, ending 7 months of decline

(BusinessDesk) The value of trading in NZX debt and equity markets rose 15% in September from a year earlier, ending seven months of decline.

The total value of trades last month was $2.6 billion, underpinned by strength in share trading.

The value of equity trading climbed 16% to $2.5 billion while the value of trading on the debt market declined 5.9% to $93 million, NZX says in its monthly shareholders metrics report.

The total number equity securities listed fell 0.6% to 168 from September 2011, while the debt securities declined 7.4% to 100.

New Zealand's capital markets showed increasing signs of life, with the total market capitalisation for stocks rising 14% to $63.5 billion, about 31% of gross domestic product, from the same month a year earlier.

The market cap for the debt market fell 2% to $15.2 billion, or 7.4% of GDP.

Shares of NZX were unchanged at $1.13 yesterday and have gained about 17% this year.


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NZ Market Snapshot

Forex

Sym Price Change
USD 0.6840 -0.0050 -0.73%
AUD 0.9284 0.0073 0.79%
EUR 0.5998 -0.0040 -0.66%
GBP 0.4741 -0.0012 -0.25%
HKD 5.3093 -0.0379 -0.71%
JPY 73.2810 -0.6510 -0.88%

Commods

Commodity Price Change Time
Gold Index 1277.5 -0.830 2016-05-05T00:
Oil Brent 45.5 -0.200 2016-05-05T00:
Oil Nymex 44.9 0.560 2016-05-05T00:
Silver Index 17.3 0.030 2016-05-05T00:

Indices

Symbol Open High Last %
NZX 50 6876.5 6904.6 6876.5 0.31%
NASDAQ 4695.9 4736.2 4717.1 0.40%
DAX 9805.4 9917.6 9851.9 0.18%
DJI 17650.3 17744.5 17660.7 0.45%
FTSE 6117.2 6129.9 6117.2 0.14%
HKSE 20357.5 20377.9 20449.8 -1.66%
NI225 16212.7 16271.6 16147.4 -0.25%