NZX value of cash market trading falls 11.2% in sixth monthly decline

Tue, 03 Jul 2012

By Hannah Lynch July 4 (BusinessDesk) - The value of trading in NZX’s cash markets fell 11.2 percent in June from a year earlier, the sixth monthly decline. Trading was valued at $2.2 billion in June. Equity trades fell 11.5 percent to $2.1 billion and debt trades declined 4.7 percent to $97 million, NZX said in its monthly shareholders metrics report. The value of equity markets trading fell even as the volume of transactions rose 8.7 percent to 72,411. Debt traded dropped 3.9 percent to 3,391. The total of equity securities listed rose...

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