NZX stock trades rise in September, fourth month without new equity capital raising

Tue, 03 Oct 2017

By Jonathan Underhill Oct. 4 (BusinessDesk) - Total stock trades on the NZX climbed while the value of trading fell in September, which marked the fourth straight month without any new equity capital raisings on the local bourse. Total equity trades jumped 26 percent to 187,317 last month from September 2016 while the value traded fell 2 percent to $3.6 billion. Trading in debt securities climbed 5.6 percent to 3,172 while the value traded rose 56 percent to $208 million. That made a combined 190,489 trades, up 25 percent year on year. Tr...

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