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NZX released the September and Q3 Operating Metrics today, with average daily trades up 22% in the month and 12% in the third quarter.
Average daily value traded was up 4% in Q3 and total value traded was $9.2 billion, a 3% increase on the same period last year.
Total capital raised is up 7% on the third quarter last year now over $3 billion year to date. The breakdown of this total capital raised figure is $1.82 billion of equity and $1.24 billion of debt.
NZX Head of Markets Geoff Brown said, “This is a strong set of metrics, with trade numbers and total capital raised up significantly on 2006. The NZX 50 climbed 1% over the third quarter, despite market conditions, and is up 19% since this time last year and 5% year to date.
“NZX Data is increasingly in demand, there are now 9,965 NZX real-time Data terminals in use world wide, compared with 8,882 this time last year, a 12% increase.
“We're also seeing evidence of uptake of a broader range of market products by investors. In the third quarter we saw a 107% increase in the number of instalment warrant trades with $28 million traded.”
Smartshares now has $591 million funds under management, a 28% increase on the same time last year with 15,372 unit holders across the five funds.
The NZX Operating Metrics are released on the first Tuesday of every month and are available on the NZX website.
Listen to a Boardroom Radio presentation with Mark Weldon on the NZX Q3 Metrics at the following link:
http://www.brr.com.au/event/NZXNZ/60111/32639/wmp/54txorhknj
