Shareholders worried about insider trading

Insider trading is seen as a problem by 83% of people who own shares, the latest National Business Review-Compaq poll has found.

Of the 31% of people who own shares, 59% rated insider trading as a minor problem and 24% rated it as a major problem.

Five per cent said it was not a problem.

Concern about insider trading ran high in Auckland and Wellington where 33% of share-owners said it was a major problem, compared with 20% in provincial New Zealand and 16% in Christchurch.

Despite the poor performance of the local equities market over the past few years the NBR-Compaq poll also revealed a wide ownership of shares in the general public compared with international levels.

The 31% level of direct share ownership compares with 26% in Canada, 32% in the booming US market and 41% in top-ranked Australia.

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:

CHI - NZD/AUD FX rate for HY26 dividend
SEK - Seeka Increases Forecast Full Year Earnings Guidance
ATM - 2026 Annual Meeting - Closing Date for Director Nominations
IFT - Data centre demand drives growth and guidance increase
BGP - Half Year Results to 26 July 2026
September 16th Morning Report
DOW - Retirement of Non-executive Director
FWL - Foley Wines Limited (FWL) Director Retirement
MEL - Meridian Energy monthly operating report for August 2026
BIT - Net Asset Values as at 11 September 2026