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 0.7855 0.0027 0.34%
AUD 0.8922 -0.0019 -0.21%
EUR 0.6201 0.0013 0.21%
GBP 0.4892 0.0009 0.18%
HKD 6.0944 0.0224 0.37%
JPY 84.9080 0.2610 0.31%

Commods

Commodity Price Change Time
Gold Index 1228.6 -9.570 2014-10-23T00:
Oil Brent 86.8 0.380 2014-10-23T00:
Oil Nymex 82.0 1.530 2014-10-23T00:
Silver Index 17.1 -0.073 2014-10-23T00:

Indices

Symbol Open High Last %
NZX 50 5292.8 5344.4 5292.8 0.77%
NASDAQ 4427.4 4475.6 4382.9 1.60%
DAX 9008.6 9044.9 9047.3 -0.56%
DJI 16468.1 16767.5 16614.8 0.38%
FTSE 6419.1 6419.1 6419.1 -0.45%
HKSE 23311.9 23352.6 23333.2 -0.13%
NI225 15354.4 15377.0 15139.0 1.01%