Sharechat Logo

NZX value of cash market trading falls 12.8% in April

Thursday 3rd May 2012

Text too small?

The value of trading in NZX’s cash markets fell 12.8 percent in April from a year earlier, the fourth monthly decline, with turnover in the $15.8 billion debt market falling below $100 million.

Trading was valued at $1.9 billion in April. Equity trades fell 12.2 percent to $1.8 billion and debt trades declined 24 percent to $96 million, NZX said in its monthly shareholder metrics report.

The value in the equity markets turnover fell even as the volume of transactions rose. Total equity trades jumped 37 percent to 71,956. Debt trades dropped 12.4 percent to 3,000.

There were total 171 equity securities listed, down 0.6 percent from April 2011, and 104 debt securities, down 7.1 percent.

The value of equities by market capitalisation fell 0.1 percent to $59.6 billion and debt rose 7.7 percent to $15.8 billion.

Shares of NZX traded at $2.80 yesterday and have climbed 23 percent this year.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZ dollar falls, NZX suspends trading after 6.2 magnitude Wellington earthquake
Cash trading on New Zealand stock exchange surges in first half, driven by equities
NZX cash trading tops $5 bln as MightyRiverPower listing beefs up market
NZX cash trading value jumps by 58 percent in February from a year earlier
NZX looks to launch spot gas market in June
NZX full-year profit falls 32 percent
NZX boss Bennett rounds out 2012 filings with $1.87M share acquisition
Equity trading jumps in NZX cash market as NZX 50 nears 5-year high
NZX names Amelia Wong as head of cash markets
NZX rings more changes as PR chief Macrae exits