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.

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NZ Market Snapshot

Forex

Sym Price Change
USD 0.7816 -0.0035 -0.45%
AUD 0.8922 -0.0037 -0.41%
EUR 0.6178 -0.0038 -0.61%
GBP 0.4877 -0.0017 -0.35%
HKD 6.0617 -0.0283 -0.46%
JPY 84.5310 0.4090 0.49%

Commods

Commodity Price Change Time
Gold Index 1241.1 -7.450 2014-10-22T00:
Oil Brent 84.7 0.320 2014-10-22T00:
Oil Nymex 80.5 -1.960 2014-10-22T00:
Silver Index 17.2 -0.318 2014-10-22T00:

Indices

Symbol Open High Last %
NZX 50 5279.7 5299.9 5279.7 0.25%
NASDAQ 4427.4 4475.6 4382.9 1.60%
DAX 8873.5 9068.1 8940.1 1.20%
DJI 16468.1 16767.5 16614.8 1.30%
FTSE 6399.7 6430.3 6399.7 0.30%
HKSE 23296.0 23397.2 23404.0 -0.30%
NI225 15093.8 15232.5 15195.8 -0.37%