NZX cash trading climbs 14% in September, debt listings up by $1 billion

Tue, 04 Oct 2016

By Sophie Boot Oct. 5 (BusinessDesk) - Cash trading on the NZX increased last month continuing August's upward trend, as the benchmark S&P/NZX 50 index reached new records in September and new debt listings remained attractive in a low interest rate environment. The volume of cash market trading rose 14 percent to 152,264 last month from the same month a year earlier, NZX's monthly shareholder metrics show. The value of trading gained 8 percent to $3.8 billion from September 2015, while the daily average value traded was also up 8 percent...

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