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 slid 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.


Got a question about this story? Leave it in Comments & Questions below.

This article is tagged with the following keywords. Find out more about MyNBR Tags

Comments & Questions

Commenter icon key: Subscriber Verified

Post New comment or question

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

NZ Market Snapshot

Forex

Sym Price Change
USD 0.7316 0.0001 0.01%
AUD 0.9598 -0.0012 -0.12%
EUR 0.6493 -0.0002 -0.03%
GBP 0.5536 0.0007 0.13%
HKD 5.6736 0.0027 0.05%
JPY 73.5110 -0.0520 -0.07%

Commods

Commodity Price Change Time
Gold Index 1326.1 -11.740 2016-08-24T00:
Oil Brent 49.4 -0.270 2016-08-24T00:
Oil Nymex 46.8 -1.380 2016-08-24T00:
Silver Index 18.6 -0.360 2016-08-24T00:

Indices

Symbol Open High Last %
NZX 50 7410.3 7437.8 7410.3 0.23%
NASDAQ 5254.4 5263.0 5260.1 -0.81%
DAX 10531.1 10653.2 10592.9 0.28%
DJI 18537.5 18539.2 18547.3 -0.35%
FTSE 6868.5 6868.5 6868.5 -0.48%
HKSE 22814.4 22898.1 22820.8 0.25%
NI225 16580.2 16628.8 16597.3 -0.23%
ASX 5561.7 5562.4 5561.7 -0.34%