NZX cash market trading climbs 47% in April

Wed, 04 May 2016

By Jonathan Underhill May 5 (BusinessDesk) - NZX cash trading jumped 47 percent by volume in April from the same month last year with gains in both equity and debt security transactions. Total trades rose to 142,769 last month while average daily trades rose 39 percent to 7,138, according to the market operator's shareholder metrics. The total value of securities traded in April rose 55 percent to $4.1 billion, or an average of $204 million a day. The benchmark S&P/NZX 50 Index reached a record high 6917.57 on April 21, a 33 percent ga...

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