NZX share trading rebounds in June, following a dip in May

Wed, 02 Jul 2014

By Tina Morrison July 3 (BusinessDesk) - The volume of New Zealand share trading rebounded in June, following a dip in May which ended a 20-month run of gains. The number of trades on the NZX rose 15 percent to 105,981 in June from a year earlier, with transactions worth less than $50,000 up 16 percent to 98,577, according to the stock exchange's monthly shareholder metrics. Daily average value traded rose 3.3 percent to $146 million and total value traded advanced 8.8 percent to $2.9 billion. Equity trading gained 16 percent to 103,203 a...

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