NZX trading volumes and value slump on year in February

NZX trading volumes and value slump on year in February
Rebecca Howard
By Rebecca Howard March 6 (BusinessDesk) - Both cash trading volumes and the value of trading fell on year on the NZX in February, when the bulk of the country's biggest listed companies announced earnings. The volume of cash market trading fell 7.9 percent to 137,263 in February from the same month a year earlier, while the total value traded fell 16 percent to $2.8 billion, Wellington-based NZX said in its monthly shareholder metrics. While both metrics were down on the year they gained versus January as reporting season got underway. ...