NZX share trading snaps 20 months of growth in May

Wed, 04 Jun 2014

By Paul McBeth June 5 (BusinessDesk) - The volume of share trading snapped 20 months of growth in May, falling from the same month a year earlier when the government listed the first of its partially privatised power companies. The number of trades on the NZX fell 8 percent to 113,343 in May from a year earlier, with transactions worth less than $50,000 down 6.8 percent to 105,233, according to the stock exchange's monthly shareholder metrics. Daily average value traded tumbled 25 percent to $163 million and total value traded dropped 28...

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