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Hot Topic ELECTION
Hot Topic ELECTION
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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
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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NZX trade value down 12% in 2009
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