New zealand stock exchange

The New Zealand Stock Exchange (NZX) is the primary stock exchange in New Zealand, where companies can list and trade their shares. Here are some key facts about the NZX:

History: The NZX was established in 2004, following the merger of the Wellington Stock Exchange and the Auckland Stock Exchange.

Listed companies: As of 2022, there are around 150 listed companies on the NZX, with a market capitalization of around NZD 150 billion (approximately USD 100 billion).

Indices: The NZX has several indices that track the performance of its listed companies, including:

Trading hours: The NZX is open for trading from 10:00 AM to 4:00 PM (New Zealand Standard Time) on weekdays, with extended trading hours for certain products.

Products: The NZX offers a range of products, including:

Regulation: The NZX is regulated by the Financial Markets Authority (FMA), which is responsible for ensuring that the NZX operates in a fair and transparent manner.

Market capitalization: The NZX has a market capitalization of around NZD 150 billion (approximately USD 100 billion), making it one of the smaller stock exchanges in the Asia-Pacific region.

Key sectors: The NZX has a diverse range of listed companies across various sectors, including:

Notable companies: Some notable companies listed on the NZX include:

Overall, the NZX plays an important role in the New Zealand economy, providing a platform for companies to raise capital and for investors to buy and sell shares.