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NZX trade value down 12% in 2009

Last year was slightly quieter than 2008 for the NZX in terms of volume, but total value traded during 2009 plummeted 12% on the previous year.The NZX Group operational report out today revealed the average daily number of trades last year was 2283, down

Liam Baldwin
Tue, 05 Jan 2010

Last year was slightly quieter than 2008 for the NZX in terms of volume, but total value traded during 2009 plummeted 12% on the previous year.

The NZX Group operational report out today revealed the average daily number of trades last year was 2283, down 3% on 2008, with an average daily value of $98 million – 12% below the previous year.

Total trades in 2009 reached 575,213 with a value of $24.79 billion.

Meanwhile the total number of trades for the NZDX was 42,903 during the 2009 year, a 36% increase on 2008. The total value traded on the NZDX was $1.55 billion.

Total capital raised during the year was $728 billion - $3.93 billion in equity and $3.35 billion in debt.

On December 31, the NZX 50 Index closed at 3230 – 19% up on 2008.

Other figures:
NZSX – Total trades 529,848, down 5%. Total value was $23.22 billion, down 11%.

NZAX – Total trades 2462, down 20%. Total value was $13.19 million, down 26%.

Market capitalisation:
All equity for 2009 was $55.01 billion, up 17%, representing 30% of GDP.

NZSX – $54.55 billion, up 18%.
NZAX – $460 million, down 29%.
NZDX – $15.05 billion, up 21%.

Smartshares:
Funds under management - $321 million, down 43%.
Numbers of unit holders – 14,123, down 4%.

Link market services:
Total number of issues – 148, up 1%.

Energy markets:
The mean electricity price index average $55/MWh. Hydro storage finished the year with 81% of maximum storage, which was 18% higher than the average for this time of year.

The average value per trade on energy hedge trades was down slightly in December to $23,360.

Liam Baldwin
Tue, 05 Jan 2010
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NZX trade value down 12% in 2009
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