NZX cash trading slows in June, Ebos acquisition drives capital raising

Tue, 02 Jul 2013

July 3 (BusinessDesk) - The value of cash market trading on the NZX slowed last month, from a near-doubling in May on the coattails of the MightyRiverPower listing, though was still up from June 2012. Total value traded climbed 20 percent to $2.7 billion in June from the same month a year earlier at an average daily value of $141 million, according to NZX’s monthly shareholder metrics. That was off the $5 billion value traded in May at a daily average of $218 million. Total trades climbed 21 percent to 81,807, for a daily average of 4,832....

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