NZX December trading activity busier; value fell

Tue, 08 Jan 2019

By Rebecca Howard Jan. 9 (BusinessDesk) - NZX trading activity lifted in December but the value dipped on the year as the stock market operator's efforts to drive more activity led to smaller transactions. Total trades rose to 239,051 in December, up 37.1 percent from the same month a year earlier, NZX's monthly shareholder metrics show. However, the total value dropped 16.6 percent to $2.5 billion from December 2017. NZX has made it a priority to shift more activity onto the formal market as a means of improving price transparency...

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