NZX posts slower Q3 revenue growth as election weighed

Tue, 28 Oct 2014

By Tina Morrison Oct. 29 (BusinessDesk) - NZX, the New Zealand stock exchange operator, said third quarter revenue growth almost halved from the year earlier pace as activity slowed ahead of September's general election and the number of new listings declined. The Wellington-based company said revenue rose 6.7 percent to $16.5 million in the three months ended Sept. 30, lagging the year earlier's 12 percent pace. New capital listed over the latest quarter was 27 percent below the year earlier period when dairy processor Synlait Milk, inte...

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