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NZX trading activity, value of turnover increase in June

The total number of trades rose 32% to 139,527 in June.

Suze Metherell
Fri, 03 Jul 2015

The volume and value of trading on New Zealand's stock exchange increased last month, led by a gain in smaller-value trades.

The total number of trades rose 32% to 139,527 in June, from the same month a year earlier, as value increased 9.4% to $3.2 billion, Wellington-based NZX said in its monthly shareholder metrics. Daily average trades increased 25% to 6644, while the value of trades below $50,000 climbed 32% to 130,558.

The number of equity trades increased 33% to 136,779, while value increased 8.9% to $3.1 billion. In the debt market, the number of trades slipped 1.1% to 2748 while the value traded increased 27% to $106 million.

The value of NZX's equity market climbed 13% to $102 billion, or 42.1% of gross domestic product. The number of listed equity securities increased 2.4% to 172 from the year earlier. Last month also marked the launch of NZX's NXT market for small-to-medium sized enterprises, which kicked off with mail service company G3 Group joining the bourse in a compliance listing.

The value of NZX's debt market slipped 2.4% to $13.2 billion, or 5.5% of GDP. The number of listed debt securities fell 7.1% to 79 from the year earlier.

Shares of NZX last traded at $1.08 and have fallen 13% over the past 52 weeks.

(BusinessDesk)

Suze Metherell
Fri, 03 Jul 2015
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NZX trading activity, value of turnover increase in June
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