NZX Reports Fall in December Cash Markets and Equity Transactions Trading

After a spike in November's figures, NZX has followed up with December declines in both sectors.

NZX Limited has announced the release of its shareholder metrics for the month ending December 2016. Last month saw the exchange pare its previous losses, posting a fresh high fuelled by a global uptick in volatility that helped stimulate trading across worldwide markets.

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NZX’s cash market trading revealed that in December 2016 the exchange reported total trades of 121,605, this time representing a fall of -18 percent from 148,207 trades in November 2016 although this was lower across a yearly timeframe, which registered a decline of -4.9 percent YoY.

The volumes in December appear to be on a par MoM with other exchange and institutional venues that initially benefited from the run up to and result of the US election and have since seen volumes tail off as the markets reverted to business as usual.

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In addition, NZX’s average daily trades during December 2016 were reported at 6,080 trades against 6,737 trades in November 2016, or a decline of -9.75 percent. NZX’s total value traded during December 2016 also fell to $3.0 billion, relative to $3.9 billion in November 2016 or a decline of -23 percent MoM, as well as seeing a YoY fall of -11.2 percent YoY from December 2015.

Equities Decline MoM

NZX also saw equity transaction trades decline in December 2016 delivering a figure of 118,059 compared with November’s 144,029, reflecting a decline of -18 percent, compounded by a yearly decline of -5.6 percent YoY.

Equity transaction value traded during December 2016 came in at $2.8 billion compared with $3.7 billion in November, falling by -18.9 percent MoM.

The monthly metrics can be read in full by accessing the following link.


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