4 Aug 2009

Stock market down in July

10:11 am on 4 August 2009

Trading in New Zealand stock has taken a hit, with total trades decreasing 7% to 50,359 in July.

The value of trading on the NZX also declined by 18% to $2.29 billion during the month.

Overall, the sharemarket's value fell 9% to $52 billion.