NZX share trading rises for second month in March

NZX share trading rises for second month in March
By Suze Metherell April 7 (BusinessDesk) - The volume and value of cash trading on New Zealand's stock market rose for the second consecutive month in March as the NZX 50 Index rose to record levels, pushed higher by demand for income-paying stocks. The total number of trades increased 5.1 percent to 124,598 in March from a year earlier, while the value traded rose 14 percent to $3.7 billion, Wellington-based NZX said in a statement. The daily average number of trades was static at 5,773 from a year earlier, while the daily average value...