The total value traded on the NZX last month was 7 percent ahead of May 2009 at $2.23 billion, even as the number of trades fell 10 percent to 51,464.
Many people are starting to believe that the National-led Government is preparing to partially privatise several state-owned enterprises, with Finance Minister Bill English indicating there would be strong demand for Kiwibank shares. Business editor Dene Mackenzie investigates what is on offer.
Sharemarket operator NZX has named a new head of market products, just two days after Geoff Brown left abruptly.
NZX has reported a 3 percent fall in first-quarter net profit from a year ago on a 46 percent increase in revenue.
NZX chief executive Mark Weldon was paid $1.39 million last year, up from $895,566 the previous year.