NZX trading growth accelerates in October

Sun, 04 Nov 2012

Nov. 5 (BusinessDesk) - Growth in the value of trading on the NZX accelerated last month as the benchmark NZX 50 Index reached near five-year highs. The total value traded on the NZX rose 26 percent to $2.5 billion in October from the same month a year earlier, with a 26 percent rally in the value of equity transactions and a 12 percent gain in debt security trading, according the NZX's monthly shareholder metrics report. Total value traded fell 0.9 percent to $23.6 million in the year-to-date, slowing from the 3.3 percent pace of decline in...

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