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- Average daily trades were 2,315 for February, 21% lower than February 2005.
- Total value traded in February was $2.732 billion with an average daily value traded of $144 million, 14% higher than the same month last year.
- Direct Market Access (DMA) trading reached 16,020 total trades for the month, a 21% increase on February 2005.
- The number of orders placed continues to grow. This month the average daily number was 17,375, a 316% increase on the same month last year.
- Three new debt securities listed this month, with a total of $416 million raised.
"It is encouraging to see the average daily value traded at such a high level so early in the year," said NZX Head of Finance and Strategy, Carl Daucher.
While the average daily trades (2,315) are down this month against February 2005, it was still a significant increase on last month's average of 1,879. Total value traded for the month was $2.732 billion, increasing on the $1.964 billion traded in January 2006. Average value traded per day was $144 million, an amount equal to the highest average value traded for any month in 2005.
Existing Issuers raised an additional $431 million in February ($416 million in debt and $15 million in equity). ANZ National Bank Limited and St Laurence Property & Finance Limited listed a total of three new debt securities (ANB020, ANB030 and STL030). For the year to date, the total capital raised on NZX's markets across debt and equity totals $518 million.
The Direct Market Access (DMA) metrics illustrate the continued increased use of DMA technology and software in the New Zealand market. 36% of all trades on NZX markets in February 2006 were the result of orders placed through a DMA application.
Another notable highlight of February 2006 was the increase in number of orders placed, 330,120 in total, a 295% increase on same month last year. This equates to 17,375 orders placed per day and is a 316% increase on February 2005.
For a PDF version of the NZX Operating Metrics - February 2006 click here.
View the Market Insight February 2006.
Smartshares
Smartshares has $198 million funds under management and just over 110 million units on issue across its four listed ETF (Exchange Traded Fund) products.
Link Market Services Limited
Link Market Services Limited currently serves 109 Issuers; 74 of which have securities listed on NZX's markets.
NZX Markets Business
| Feb 2005 | Feb 2006 | Change | ||
|---|---|---|---|---|
1. |
Total trades |
58,657 |
43,994 |
-25% |
2. |
Total value traded ($m) |
2,518 |
2,732 |
8% |
3. |
Average daily trades |
2,933 |
2,315 |
-21% |
4. |
Average daily value ($m) |
126 |
144 |
14% |
5. |
Total retail (under $50k) trades |
52,509 |
37,871 |
-28% |
6. |
Total domestic equity market cap ($b) |
67.0 |
64.3 |
-4% |
7. |
Total domestic equity issuers |
166 |
162 |
-2% |
8. |
New equity listings |
0 |
0 |
0% |
9. |
Total debt issuers |
42 |
44 |
5% |
10. |
Total debt securities |
84 |
101 |
20% |
11. |
Total data terminals |
6,933 |
7,752 |
12% |
Smartshares
| Feb 2005 | Jan 2006 | Feb 2006 | |||
|---|---|---|---|---|---|
1. |
Total FUM ($m) |
190 |
195 |
198 |
|
2. |
Total Units on issue (m) |
109.78 |
110.23 |
110.27 |
|
3. |
Total Smartshares investors on register |
10,505 |
10,458 |
10,592 |
|
4. |
Total Smartshares ETFs listed |
4 |
4 |
4 |
Link Market Services
| Jan 2006 | Feb 2006 | Change | ||
|---|---|---|---|---|
1. |
Total issuers |
109 |
109 |
0% |
Listed Company Anniversaries
Celebrate Success
NZX Listed companies are among New Zealand 's most well known companies - mainly because they are also some of New Zealand 's greatest business. If your company could benefit from brand awareness and publicity, then you should consider becoming NZX Listed.
Should you choose to leverage it, listing can rapidly catapult your firm into the mainstream media in New Zealand . Some companies experience attention from acquisition prospects post listing, others find increased interest from customers, suppliers, and distributors. Most companies experience an increase in valuable free media exposure.
In March, NZX would like to acknowledge three New Zealand companies, Fletcher Building Limited, Rubicon Limited, and Tenon Limited, celebrating their 5 and 10 year anniversaries as NZX Listed Issuers. Well done, and we wish you continued success!
Fletcher Building Limited celebrates its 5th anniversary as an NZX Listed Issuer on March 26. To find out more about this company, please click here to visit Fletcher Building's Company and Security Details on the NZX website or visit Fletcher Building's website.
Rubicon Limited celebrates its 5th anniversary as an NZX Listed Issuer on March 26. To find out more about this company, please click here to visit Rubicon's Company and Security Details on the NZX website or visit Rubicon's website.
Tenon Limited celebrates its 10th anniversary as an NZX Listed Issuer on March 14. To find out more about this company, please click here to visit Tenon Limited's Company and Security Details on the NZX website or visit Tenon's website.
If your organisation has what it takes to take on the world and join the ranks of these great New Zealand companies, please contact the NZX Listings Team on (+64 4) 496 2855 or listings@nzx.com.
Market Statistics
New Listings
| Name | Code | Details | Date |
|---|---|---|---|
NZDX - New Zealand Stock Market |
|
|
|
ANZ National Bank Ltd |
ANB020 |
Notes, 6.82% Feb 2009 |
17/02/2006 |
ANZ National Bank Ltd |
ANB030 |
Notes, 6.80% Feb 2011 |
17/02/2006 |
St Laurence Property & Finance Ltd |
STL030 |
Fixed Rate Bonds, 9.25% May 2011 |
16/02/2006 |
Upcoming Listings
| Name | Code | Details | Date |
|---|---|---|---|
NZSX |
|
|
|
Witan Investment Trust plc |
WIT |
Ordinary Shares |
08/03/2006 |
Performance of the NZSX Market Last Month
February saw the NZX 50 moved up 55 points (1.63%) from last month, closing at 3,405 points. The NZX 15 Index, which tracks the performance of the top 15 securities on the main board closed on 6,282, up 75 points (1.21%) from January.
The leading and lagging NZSX securities this month
| Code | Security | Price $ | Change $ | Change % |
|---|---|---|---|---|
NZX 50 Index Securities |
|
|
|
|
MFT |
Mainfreight |
$4.25 |
$0.61 |
16.8% |
HBY |
Hellaby Holdings |
$5.00 |
$0.60 |
13.6% |
FPA |
F&P Appliance Holdings |
$3.92 |
$0.43 |
12.3% |
TEL |
Telecom Corporation of New Zealand |
$5.29 |
-$0.37 |
-6.5% |
TEN |
Tenon Ordinary |
$3.12 |
-$0.23 |
-6.9% |
CAV |
Cavalier Corporation |
$2.70 |
-$0.22 |
-7.5% |
Other NZSX Securities |
|
|
|
|
WDT |
Wellington Drive Tech |
$0.43 |
$0.08 |
22.9% |
LPC |
Lyttelton Port Company |
$2.16 |
$0.40 |
22.7% |
NZX |
New Zealand Exchange |
$8.06 |
$1.36 |
20.3% |
OGD |
Oceana Gold |
$0.86 |
-$0.13 |
-13.1% |
APX |
Austral Pacific Energy |
$2.50 |
-$0.40 |
-13.8% |
POD |
Pod |
$0.50 |
-$0.10 |
-16.7% |
Performance of the NZAX Market Last Month
The NZAX All Index, which tracks the performance of the NZAX market, remained steady on 1,376, up 23 (1.73%) points from January.
The biggest NZAX movers this month
| Code | Security | Price $ | Change $ | Change % |
|---|---|---|---|---|
PLS |
PLUS |
$0.74 |
$0.08 |
12.1% |
EHF |
Eastern HiFi |
$0.80 |
$0.08 |
11.1% |
NWF |
NZ Windfarms |
$1.30 |
$0.10 |
8.3% |
SGL |
Speirs Group |
$0.98 |
-$0.06 |
-5.8% |
WTL |
Windflow Technology |
$2.06 |
-$0.24 |
-10.4% |
STH |
Southern Travel Holdings |
$0.40 |
-$0.10 |
-20.0% |
