NZX trading activity lifts in August, bolstered by small trades

NZX trading activity lifts in August, bolstered by small trades
Rebecca Howard
By Rebecca Howard Sept. 5 (BusinessDesk) - NZX trading activity rose in August, once again lifted by a strong rise in activity by smaller investors.  The volume of cash trades on the NZX rose 19 percent to 179,530 versus the same month a year earlier while the total value traded rose 3 percent to $4.2 billion, Wellington-based NZX said in its monthly shareholder metrics. The number of trades worth less than $50,000 increased 21 percent to 170,046, accounting for 95 percent of the total volume. The daily average traded was $181 million. ...