6 Jun 2012

NZX trading keeps rising

12:26 pm on 6 June 2012

Trading on the New Zealand stockmarket continues to pick up.

NZX statistics show almost 96,000 trades were made in May, almost a third more than in the same month a year earlier.

But the value of trades slipped by more than 13% in the same period, to $2.5 billion.

The market capitalisation stood at $58.4 billion at the end of May, 1.8% less than a year earlier.