Friday 9th June 2000
|Text too small?|
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.
No comments yet
Transpower sees no risk to credit metrics from incentive change
NZ dollar rises, an outlier amid rising Gulf tensions
Craigmore spends $32M to expand Kerikeri kiwifruit crop by 'more than a third'
CentrePort eyes further hub expansion
South Port beats guidance, earnings in line with 2018 record
Plexure sees revenue growth from White Castle deal
22nd July 2019 Morning Report
NZ dollar treading water as markets focus on Iran
MARKET CLOSE: NZ shares extend gain as passive funds bolster prices; Tourism Holdings climbs
NZ dollar headed for 1.3% weekly gain on expectations of a Fed rate cut