4 Jun 2011

NZX trading on rise

8:41 am on 4 June 2011

Trading on the New Zealand stock market continues to pick up.

NZX says average daily trading rose 34% to nearly 3300 in May, compared with the same period a year ago.

The value of daily trades rose 21% to$137million.

The NZX50 index rose almost 16% during the month and is 7% higher than a year ago.