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NZX daily trade value highest in 13 months
Tuesday November 3, 10:27 AM
The New Zealand stock exchange hit a 13-month high in October, as the market rebounded from the lows of the global financial crisis.
NZX figures out today show the total value traded in October was $2.39 billion, up 12 percent on a year earlier.
The daily average value traded last month was $114 million, the highest average daily value since September 2008.
Despite those figures, total trades for October were down 13 percent from a year earlier at 53,591, while average daily trades fell 9 percent to 2552.
Last month the benchmark NZSX-50 index reached a 13-month high above 3250 points, having bottomed around 2410 points in March -- the lowest point in five years.
The $361.5m of new equity raised in October took the year-to-date total to $2.68b. No new debt was raised last month to add to the $3.02b so far this year.
Real time data terminal numbers were 28 percent down from a year earlier at 7568, with the year-to-date decline 24 percent.
Source:
- Contact Energy Limited (NZX: CEN.nz)
- Fisher & Paykel Healthcare Corporation Limited (NZX: FPH.nz)
- Mainfreight Limited (NZX: MFT.nz)
- Michael Hill International Limited (NZX: MHI.nz)
- Port of Tauranga Limited (NZX: POT.nz)
- The Warehouse Group Limited (NZX: WHS.nz)
- TrustPower Limited (NZX: TPW.nz)
- Auckland International Airport Limited (NZX: AIA.nz)
- Fletcher Building Limited (NZX: FBU.nz)
- Infratil Limited (NZX: IFT.nz)
- Infratil Limited (NZX: IFT.nz)
- New Zealand Exchange Limited (NZX: NZX.nz)
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