NZX Sees its Equities Volumes Rebound in February

NZX Limited has released its monthly shareholder metrics for February 2017, which saw its business segments and volumes rise across the board, largely paring a lackluster report in the month prior.

Looking at the NZX’s latest volumes across cash market trading in February 2017, the Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term reported total trades of 137,263, reflective of a gain of 23.7 percent month-over-month from 110,935 trades in January 2017. This performance was different when measured against its 2016 counterpart, falling -7.9 percent year-over-year.

The latest volumes come during a month that was absent of any market drivers – by comparison January featured an unusually volatile month as risk aversion permeated global markets – since then, most Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term has subsided with many venues showing mixed figures on a monthly basis.

NZX’s average daily trades during February 2017 were reported at 7,224 trades, up by a factor of 30.2 percent month-over-month from 5,547 trades in January 2017. This growth was pared over a year-over-year timetable, falling slightly by -3.1 percent from February 2016.

Moreover, the NZX’s total value traded during February 2017 also rose to $2.8 billion, relative to $2.2 billion in January 2017 or 27.3 percent month-over-month, as well as seeing a year-over-year retreat of -16.4 percent from February 2016.

Equities Pare Monthly Decline

Looking at the equities space, NZX snapped a consecutive monthly decline in this asset, scoring a healthy growth in February 2017. Equity transaction trades came in at 134,306, up 23.6 percent month-over-month from 108,668 trades in January 2017.

February 2017’s equity transactions were however trending downward by -8.2 percent year-over-year from February 2016. Finally, equity transaction value traded at the NZX during February 2017 came in at $2.7 billion, rising by 28.6 percent month-over-month from $2.1 billion in January 2017.

The exchange also saw growth across its index performance in February 2016 – during the month, the NZX 50 Index saw YTD growth of 15.0 percent, the NZX Portfolio Index 14.5 percent, ANZ A-Grade Bond Index 3.2 percent, and the ANZ All Swap Index 1.7 percent.

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