NZX trading quieter in January as more activity goes off-market

Wed, 06 Feb 2019

By Paul McBeth Feb. 7 (BusinessDesk) - NZX trading activity shrank in January from a year earlier and more was done off-market in a period capturing New Zealand's summer holiday. The number of cash trades fell 4.1 percent to 206,174 in January from a year earlier, and compared to 239,051 in December, while the total value traded shrank 12 percent to $2.41 billion, down from $2.5 billion a month earlier, NZX metrics show. NZX has made it a priority to shift more activity onto the formal market as a means of improving price transparen...

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