NZ share trading activity increases in February, value falls

Tue, 04 Mar 2014

March 5 (BusinessDesk) – The level of activity on the New Zealand stock exchange grew for an 18th month in February, though the value of transactions was lower than the same month last year. The total number of trades rose 15 percent to 93,742 in February from the same month a year earlier, with a daily average of 4,934 trades, according to NZX’s monthly shareholder metrics. The total value traded fell 24 percent to $2.6 billion in February from a year earlier, with the daily average down 24 percent to $138 million. Of that, equity trading...

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