NZX market value crosses $200b mark in 2019

NZX market value crosses $200b mark in 2019
Paul McBeth
The stock market’s capitalisation crossed $200 billion last month as asset prices rallied in a low interest rate environment, new bonds and funds were listed, and companies already on the exchange raised new equity and debt.Total market capitalisation was $202 billion at the end of December, up 23.2 percent from a year earlier and equivalent to 67.1 percent of gross domestic product. Of that, the value of equity and funds rose 24.9 percent to $166.5 billion, and the debt market grew 15.3 percent to $35.5 billion.NZX added 11 securities in the y...

More Markets

Your mid-year investment health check
Markets

Simon Robertson: Your mid-year investment health check

What should you really be looking for from your fundie? 

Simon Robertson 05 Jul 2025
Tourism Holdings stalls as NZ sharemarket ends week on high
Markets Market Close

Tourism Holdings stalls as NZ sharemarket ends week on high

The NZ sharemarket bounced back as large-cap stocks balanced gains and losses.

Tom Raynel 04 Jul 2025
Forsyth Barr shifts Turners Automotive to neutral
Markets

Forsyth Barr shifts Turners Automotive to neutral

The company has delivered five consecutive years of record earnings.

Rebecca Howard 04 Jul 2025
Vital board backs Tait takeover
Markets

Vital board backs Tait takeover

Vital’s board has unanimously recommended that shareholders and option holders accept a full takeover offer from Tait Communications, despite their view that it undervalues the company.In May, Vital shares rallied after it disclosed that Tait, a Christchurch-based critical commun...

Gregor Thompson 04 Jul 2025