NZX Sees Cash Markets, Equities Catapult Higher During February

The NZX Limited has reported its shareholder metrics for the month ending February 2016, with key components of its business taking a sizable leap MoM. The latest figures also indicate a sustained YoY growth when measured against its February 2015 counterpart, according to an NZX statement.

In terms of the NZX’s cash market trading, February 2016 saw total trades at 149,073, which marks an ascension of 18.2% MoM from 126,098 trades in January 2016 – this figure also relates to a sizable jump of 43.6% YoY from January 2016. The latest cash market trading figures also shatters a three-month consolidation, which saw overall trading retain a tight oscillation.

Across a different measure, 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’s average daily trades during February 2016 yielded 7,455 trades vs just 6,637 in January 2016 or 12.3% MoM. By extension, this uptrend was even stronger given that the total value traded at the NZX during February 2016, which came in at only $3.4 billion, was well above its January 2016 figure of $2.2 billion or 54.5% MoM.

Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term Resume Their Uptrend in February

Equity transactions on the NZX also soared to 146,365 in February 2016, up by 18.1% MoM from 123,926 trades in January 2016, and up by 43.6% YoY from February 2015. Moreover, the equity transaction value traded at the NZX during February 2016 registered $3.3 billion, catapulting higher by 57.1% MoM from $2.1 billion in January 2016.

Another positive that can be taken from the financial metrics was the NZX’s indices performance in February 2016, especially in regard to the 2015 calendar year. During February 2016, the NZX 50 Index (6.0% growth YoY), the NZX Portfolio Index (5.7% growth), ANZ A-Grade Bond Index (6.2% growth), and the ANZ All Swap Index (7.5% growth) all finished in positive territory.

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