NZX trading volumes slow in January, although values rise with benchmark index up 2.5%

Thu, 02 Feb 2017

By Sophie Boot Feb. 3 (BusinessDesk) - Cash trading volumes on the NZX slowed in January, continuing December's trend, while the value of trading rose despite fewer small trades. The volume of cash market trading fell 12 percent to 110,935 in January from the same month a year earlier, with total value traded up 2.3 percent to $2.2 billion, Wellington-based NZX said in its monthly shareholder metrics. Daily average trades dropped 16.4 percent to 5,547, while the daily average value dipped 2.8 percent to $111 million. The number of tra...

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