NZX cash trading drops in December, debt transactions remain strong

Sun, 08 Jan 2017

By Sophie Boot Jan. 9 (BusinessDesk) - Cash trading on the NZX dropped in December, halting a four-month streak of gains, with both the value and volume of trades declining. The volume of cash market trading fell 4.9 percent to 121,605 in December from the same month a year earlier, with total value traded down 11 percent to $3 billion, Wellington-based NZX said in its monthly shareholder metrics released this morning. Daily average trades dipped 0.2 percent to 6,080, while the daily average value fell 6.8 percent to $149 million. The...

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