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 0.7802 -0.0029 -0.37%
AUD 0.9199 0.0051 0.56%
EUR 0.6271 -0.0005 -0.08%
GBP 0.4976 -0.0006 -0.12%
HKD 6.0570 -0.0160 -0.26%
JPY 92.0200 -0.2380 -0.26%

Commods

Commodity Price Change Time
Gold Index 1197.1 1.400 2014-11-25T00:
Oil Brent 80.1 -0.140 2014-11-25T00:
Oil Nymex 74.1 -1.660 2014-11-25T00:
Silver Index 16.6 0.170 2014-11-25T00:

Indices

Symbol Open High Last %
NZX 50 5442.7 5465.6 5442.7 0.27%
NASDAQ 4762.4 4774.5 4754.9 0.07%
DAX 9894.6 9942.7 9861.2 0.65%
DJI 17819.0 17854.7 17817.9 -0.02%
FTSE 6731.1 6765.0 6731.1 0.22%
HKSE 23833.2 24176.6 23843.9 1.12%
NI225 17348.0 17432.6 17407.6 -0.14%