NZ share market value jumped 24 percent in December from year earlier to reach 37.8 percent of GDP

Mon, 06 Jan 2014

Jan. 7 (BusinessDesk) – The value of equities on the NZX rose 24 percent in December from a year earlier to reach 37.8 percent of gross domestic product helped by the listing of $7.5 billion of new capital and a rally in prices that extended from 2012. The market value of equity on the NZX rose to $82.2 billion last month while the value of debt securities fell 8 percent from a year earlier to $13.5 billion, according to NZX’s monthly shareholder metrics. The total number of issuers rose 4 percent to 155. There were 52 capital raisings in D...

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