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Highlights
- At the end of February 2008 there were 10,821 NZX Real time Data terminals worldwide, a 25% increase on the same period last year.*
- Total trades on the NZDX Market were up 21% in February. Total value traded on the NZDX Market was up 39% in February.
- Instalment warrant trades were up 71% in February.
- There was $18 million of new equity raised in February. There has been $44 million of new capital raised year to date
- Smartshares now has $673 million in funds under management across its five funds, an increase of 33% on the same period last year.
Trading
- Continued market volatility took its toll on trading activity in February. Average daily trades for February were 2,188, an 18% decrease on the same period last year. Year to date average daily trades are down 5% on the same period in 2007.
- Total number of trades was 43,758, a 13% decrease on the same period last year.
- Total value traded in February was $2.78 billion, a 1% increase on the same period last year. Average daily value traded of $139 million.
- Total number of trades for the NZSX was 41,280 for February. Total value traded on the NZSX was $2.69 billion for February.
- Total number of trades for the NZAX was 318 for February. Total value traded on the NZAX was $2 million.
- Total number of trades for the NZDX was 2,160 for February. Total value traded on the NZDX was $84 million.
* - This is a 25% change on February 2007. This is a significant increase given market conditions and as such NZX is watching terminal numbers on an ongoing basis to identify if this is real growth versus volatility.
View the full NZX Market Month - February 2008 here.
