NZX share trading climbs in February, equity market tops $100bln

Tue, 03 Mar 2015

By Paul McBeth March 4 (BusinessDesk) - The volume and value of cash trading on New Zealand's share market rose in February, snapping a decline a month earlier, and helped push the value of the local equity market above $100 billion. The total number of trades climbed 11 percent to 103,777 in February from the same month a year earlier, while the total value gained 21 percent to $3.2 billion, Wellington-based NZX said in its monthly shareholder metrics. The daily average number of trades rose 11 percent to 5,462 from a year earlier, and w...

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