NZX trading getting busier on lower value transactions

Wed, 05 Dec 2018

By Paul McBeth Dec. 6 (BusinessDesk) - NZX trading activity grew by more than a third in November from a year earlier as the stock market operator's efforts to drive trading through the bourse stoked a greater number of lower value transactions. Total trades rose 35 percent to 295,112 in November from the same month a year earlier, and were up from 269,868 in October, NZX's monthly shareholder metrics show. However, the total value dropped 43 percent to $3.16 billion from November 2017 due to the rising number of smaller transactions. Th...

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