Small trades push NZX activity up in July

Wed, 02 Aug 2017

By Sophie Boot Aug. 3 (BusinessDesk) - NZX trading activity rose in July, with a surge in the number of small trades. The volume of cash trades on the NZX rose 23.6 percent to 151,613 in July from the same month a year earlier, while the total value traded rose 2.7 percent to $3.5 billion, Wellington-based NZX said in its monthly shareholder metrics. The number of trades worth less than $50,000 increased 25.4 percent to 142,623, accounting for 94 percent of the total volume. No new capital was raised through IPOs or compliance listing...

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