NZX trading fell in June as stock prices tumbled

There were 50,805 trades in June valued at NZ$2.58 billion, an 11% drop from the same month last year, the exchange said in a statement.

NZX's own stock fell 1.9% to NZ$7.40, a three-month low.

New Zealand shares have tumbled this year as the economy contracted and consumer confidence dropped amid rising costs of credit, food and fuel. The NZX 50 Index has shed NZ$2.8 billion of market value in the past two weeks.

On the NZAX Market there were 289 trades last month, worth NZ$1 million while on the NZX debt market, there were 2,570 trades worth NZ$181 million.

By Jonathan Underhill

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
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.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

FBU - Sale of Laminex Cheltenham property
CVT - Comvita Achieves Minimum Capital Raise Requirement
Devon Funds Morning Note - 04 May 2026
MEL - Meridian joins global ranks of sustainable companies
May 5th Morning Report
ATM - a2MC recalls small volume of a2 Platinum USA label
CEN - Contact Chair to retire this year, new Chair appointed
May 1st Morning Report
GTK - Gentrack's Veovo Acquires Dubai Technology Partners
SML - Additional information following Bright Dairy announcement