NZX on-market trading recovers in June with more lower value activity

Tue, 02 Jul 2019

By Paul McBeth July 3 (BusinessDesk) - The value of share trading through the formal stock exchange recovered in June, with increased activity albeit on a smaller turnover. The number of share transactions on the NZX climbed to 394,232 in June, 33 percent more than the same month a year earlier, with 62.9 percent of the value traded done on-market. That's up from 52.8 percent in May. The total value traded shrank 19 percent to $2.63 billion and the average on-market trade was 30 percent smaller at $4,216. The stock market operator has...

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