NZX cash trading falls in first half, Kiwisaver funds rise

Wed, 26 Jul 2017

By Sophie Boot July 27 (BusinessDesk) - NZX saw cash trading drop in the first half of the year, with fewer initial public offerings but more funds under management. Total trades in the six months to June 30 were flat at 923,078, while total value traded dropped 12.7 percent to $19.8 billion, with daily average value traded dropping 12.7 percent to $161 million. The NZX50 Index was at 7,611 as of June 30, up 10.3 percent on the year. Total equity securities fell 4.7 percent to 164 in the first half, with capital raised from initial pu...

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