NZX cash trading grows in July with new listings

Mon, 04 Aug 2014

By Paul McBeth Aug. 5 (BusinessDesk) - NZX cash trading grew for a second month in July as the pipeline of new listings continued to stoke activity on the local market. The number of trades rose 20 percent to 112,092 in July from the same month a year earlier, and was up from 105,981 in June, according to NZX's monthly metrics. Transactions worth less than $50,000 were also up by 20 percent to 104,334, and 98,577 in June. The total value traded rose 15 percent to $2.9 billion from July 2013, the same value from a month earlier, and the da...

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