NZX trading activity, value of turnover rises in July

Tue, 04 Aug 2015

By Paul McBeth Aug. 5 (BusinessDesk) - The volume and value of trading on New Zealand's stock exchange rose for a second month in July as investors prepared for earnings season to kick off in August. The total value traded rose 10 percent to $3.3 billion in July from the same month a year earlier, for an annual daily average of $142 million, according to NZX's shareholder metrics. The total number of trades rose 16 percent to 129,993 from a year earlier, of which 120,856 were less than $50,000. Share trading continued to dominate activity...

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