NZX cash market trading volume falls in August, value rises

Tue, 04 Sep 2012

Sept. 5 (BusinessDesk) - NZX cash market trading fell in volume last month while the value of trades increased in both equity and debt securities, according to the market operator’s monthly shareholder metrics. Total trades fell 13.7 percent to 74,210 in August from a year earlier and the total value traded gained 9.5 percent to $2.9 billion, reversing the pattern since early January where monthly volumes rose and values fell. NZX’s August figures show total equity transactions fell 14 percent to 70,965 and the value traded gained 9.2 percen...

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