NZX cash market trading falls 11.2% in 6th monthly drop
Trading was valued at $2.2 billion in June.
BUSINESSDESK: The value of trading in NZX’s cash markets fell 11.2% in June from a year earlier, the sixth monthly decline.
Trading was valued at $2.2 billion in June. Equity trades fell 11.5% to $2.1 billion and debt trades declined 4.7% to $97 million, NZX said in its monthly shareholders metrics report.
The value of equity markets trading fell even as the volume of transactions rose 8.7% to 72,411. Debt traded dropped 3.9% to 3391.
The total of equity securities listed rose 0.6% to 170 from June 2011, while debt securities fell 5.5% to 103.
The values of equities by market capitalisation fell 1.7% to $57 billion. Debt fell 1.6% to $15.4 billion.
Shares of NZX last traded at $1.34 and have gained 40% this year.
Hannah Lynch
Wed, 04 Jul 2012
Wed, 04 Jul 2012
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NZX cash market trading falls 11.2% in 6th monthly drop
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