NZX share trading value climbs 22% in September as NZX 50 rounds out weak quarter

NZX share trading value climbs 22% in September as NZX 50 rounds out weak quarter
Paul McBeth
By Paul McBeth Oct. 5 (BusinessDesk) - The value of share trading on New Zealand's stock exchange climbed 23 percent in September, rounding out a quarter when the benchmark S&P/NZX 50 index posted its biggest three-month decline in more than three years. The total value of equity trading rose 22 percent to $3.4 billion last month from September 2014, while the total number of trades climbed 29 percent to 120,305, according to NZX's monthly metrics. The value was down from $6 billion traded in August, when ASX-listed Origin Energy sold its...