NZX has better May than last year
The number and value of trades on the NZX equity market in May rose compared to a year ago even though the number of listings fell.
Hot Topic
Long reads
The number and value of trades on the NZX equity market in May rose compared to a year ago even though the number of listings fell.
The NZX operates both debt and equity markets and sells information services. The total number of trades of 72,426 in May was up 40.7 percent from the same month a year ago and the value of trades was up 27.2 percent.
This broke down to a 45 percent rise in equity transactions and a 6.2 percent fall in debt trades. The value of equity trades rose 29.4 percent and the value of debt trades fell 11.1 percent.
A total of 171 equity securities were listed, down 4.5 percent on last year and a total of 110 debt securities were listed, down 7.6 percent.
The equity market had a capitalisation of $59.4 billion in May, up 15.1 percent on a year earlier.
The debt market had a capitalisation of $15.7 billion, down 0.6 percent on a year ago.
NZPA
Fri, 03 Jun 2011
Fri, 03 Jun 2011
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
NZX has better May than last year
15014