NZX volume

When I look at a specific company on the NZX Mainboard, under “Activity” - does “Volume” refer to the number of shares available to purchase or the number that has already changed hands?

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Originally Posted by justakiwi

When I look at a specific company on the NZX Mainboard, under “Activity” - does “Volume” refer to the number of shares available to purchase or the number that has already changed hands?

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Changed hands

That’s what I thought. Thanks!

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Originally Posted by winner69

Changed hands

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While watching the daily market fluctuations I've noticed that for the last few months the NZX50 often changes direction at midday.
i.e. a pronounced downtrend in the morning is reversed in the afternoon, or vice versa.

e.g, today's graph, sourced from DirectBroking;
Attachment 11680

Does anyone have an opinion on this observation?

Quote:

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Originally Posted by Chickens

While watching the daily market fluctuations I've noticed that for the last few months the NZX50 often changes direction at midday.
i.e. a pronounced downtrend in the morning is reversed in the afternoon, or vice versa.

e.g, today's graph, sourced from DirectBroking;
Attachment 11680

Does anyone have an opinion on this observation?

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The NZX will often react to the sentiment of the ASX open at 12 and the Asian markets through the afternoon.