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NZX ‘engaging’ with govt on market settings

Commerce Minister Andrew Bayly seen addressing capital market settings in second half of this year.

NZX chair John McMahon and chief executive Mark Peterson.

Tim Hunter Fri, 23 Feb 2024
Key points
  • Revenue: Up 13% to $108.4 million.
  • Profit: Fell to $13.6m from $14.2m.
  • Key takeaway: Stock exchange operator NZX has reported the weakest equity trading in nine years.

Stock exchange chief executive Mark Peterson has told analysts the company is talking to Commerce Minister Andrew Bayly about potential changes to capital markets regulation amid a continued NZX listings drought.

On a conference call to discuss the NZX results for the year to December, Peterson said

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Key points
  • Revenue: Up 13% to $108.4 million.
  • Profit: Fell to $13.6m from $14.2m.
  • Key takeaway: Stock exchange operator NZX has reported the weakest equity trading in nine years.
Company profile
Powered by:
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
NZX ‘engaging’ with govt on market settings
Investment,
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