NZX cash trading value jumps by 58 percent in February from a year earlier

Tue, 05 Mar 2013

March 6 (BusinessDesk) - The value of cash market trading on New Zealand's stock exchange jumped 58 percent in February from the same month a year earlier as low interest rates keep investors looking for better returns. Total trades increased 4.8 percent to 81,624 last month from February 2011 with the total value traded at $3.5 billion, according to the NZX's monthly metrics. Average daily trades rose 10 percent to 4,296 with average daily value traded surging by more than two-thirds to $182 million. Shares trading gained 6 percent to 79,...

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