NZX Limited has reported the release of its shareholder metrics for the month ending January 2017, which saw its business segments and volumes fall across the board in a risk averse environment.
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In terms of NZX’s latest volumes across cash market trading in January 2017, the exchange reported total trades of 110,935, representing a fall of -8.8 percent month-over-month from 121,605 trades in December 2016. This performance was similar when measured against its 2016 counterpart, rescinding by a margin of -12.0 percent year-over-year.
The latest volumes come amidst an uptick in volatility across worldwide markets, stimulated in part by Donald Trump’s administration. However, this has also created a risk-off environment, which has typically coincided with lower levels of trading activity on the NZX.
NZX’s average daily trades during January 2016 were reported at 5,547 trades, down by a factor of -8.8 percent month-over-month from 6,080 trades in December 2016. This decline was exacerbated year-over-year, falling -16.4 percent from January 2016.
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The NZX’s total value traded during January 2017 also dwindled to $2.2 billion, relative to $3.0 billion in December 2016 or -26.7 percent month-over-month, as well as seeing a year-over-year uptick of 2.3 percent from January 2016.
Equities Decline MoM
Looking at the equities space, NZX also reported a consecutive monthly decline in this asset, which extended into January 2017. Equity transaction trades came in at just 108,668, down -8.0 percent month-over-month from 118,059 trades in December 2016.
January 2017’s equity transactions were also down -12.3 percent year-over-year from January 2016. Finally, equity transaction value traded at the NZX during January 2017 came in at $2.1 billion, retreating by a margin of -25.0 percent month-over-month from January 2016.
The exchange also saw growth across its index performance in November 2016 – during the month, the NZX 50 Index saw a respective YTD growth of 14.3 percent, the NZX Portfolio Index 13.0 percent, ANZ A-Grade Bond Index 3.2 percent growth, and the ANZ All Swap Index of 2.4 percent.
The monthly metrics can be read in full by accessing the following link.