NZX share trading rose 9.9% by value last month as volumes rise

Monday 5th December 2011

The value of share trading on the NZX rose 9.9 percent last month, as the volume of transactions climbed by more than a third compared to the same month of 2010.

The value of trading rose to $2.3 billion in November while total trades jumped 39 percent to 63,007, according to the company’s monthly metrics. The market value of equities on the NZX rose 0.6 percent from a year earlier to $55.1 billion.

The value of debt securities on the NZDX market fell 0.4 percent to $15.5 billion. Trading was valued at $158 million in November, up 71 percent from a year earlier. The number of trades fell 2.5 percent to 3,726.

There were 170 equity securities listed on the NZX, down 1.7 percent from a year earlier. Debt securities declined 7 percent to 106.

In November, some $651 million of capital was raised by issuers, made up of $116 million of primary equity, $503 million of dual-listed and secondary equity, and $32 million of debt.

BusinessDesk.co.nz

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