NZ share trading busier in March, though value slides

Wed, 02 Apr 2014

April 3 (BusinessDesk) - The volume of trading on New Zealand’s share market continued to gain in March, though the value of activity fell for a fourth month. The number of trades jumped 49 percent to 121,258 in March from the same month a year earlier, with the transactions of less than $50,000 up 55 percent to 112,353. Still, total value traded dropped 24 percent $3.3 billion, for a 27 percent decline in the daily average value traded to $158 million. Equity trading continued to dominate activity, with total trades up 51 percent to 118,57...

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