NZX value of cash market trading falls again - by 12.8% in April
The value of trading in NZX's cash markets fell 12.8% in April, the fourth monthly decline, with turnover in the $15.8 billion debt market below $100 million.
BUSINESSDESK: The value of trading in NZX’s cash markets fell 12.8% in April from a year earlier, the fourth monthly decline, with turnover in the $15.8 billion debt market falling below $100 million.
Trading was valued at $1.9 billion in April. Equity trades fell 12.2% to $1.8 billion and debt trades declined 24% to $96 million, NZX said in its monthly shareholder metrics report.
The value in the equity markets turnover fell even as the volume of transactions rose.
Total equity trades jumped 37% to 71,956. Debt trades dropped 12.4% to 3000.
There were total 171 equity securities listed, down 0.6% from April 2011, and 104 debt securities, down 7.1%.
The value of equities by market capitalisation fell 0.1% to $59.6 billion and debt rose 7.7% to $15.8 billion.
Shares of NZX traded at $2.80 yesterday and have climbed 23% this year.
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NZX value of cash market trading falls again - by 12.8% in April
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