NZX trading activity, value of turnover increase in June

Thu, 02 Jul 2015

By Suze Metherell July 3 (BusinessDesk) - The volume and value of trading on New Zealand's stock exchange increased last month, led by a gain in smaller-value trades. The total number of trades rose 32 percent to 139,527 in June, from the same month a year earlier, as value increased 9.4 percent to $3.2 billion, Wellington-based NZX said in its monthly shareholder metrics. Daily average trades increased 25 percent to 6,644, while the value of trades below $50,000 climbed 32 percent to 130,558. The number of equity trades increased 33 p...

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