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 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 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.
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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.