By Rebecca HowardBoth cash trading volumes and the value of trading fell on year on the NZX in February, when the bulk of the country's biggest listed companies announced earnings. The volume of cash market trading fell 7.9 per cent to 137,263 in February from the same month a year earlier, while the total value traded fell 16 per cent to $2.8 billion, Wellington-based NZX said in its monthly shareholder metrics. Daily average trades fell 3.1 per cent to 7,224 while the daily average value fell 12 per cent to $149 million. The volume of equity transactions in January fell 8.2 per cent to 134,306 and the value of those trades fell 16.9 per cent to $2.7b. Meanwhile, the volume of debt transactions increased 9.2 per cent to 2,957 as the value traded declined 4.8 per cent to $122m.

Source: New Zealand Herald March 05, 2017 20:26 UTC