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Thread: NZX volume

  1. #1
    Guru justakiwi's Avatar
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    Default 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?

  2. #2
    Speedy Az winner69's Avatar
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    Quote Originally Posted by justakiwi View Post
    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?
    Changed hands
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #3
    Guru justakiwi's Avatar
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    That’s what I thought. Thanks!

    Quote Originally Posted by winner69 View Post
    Changed hands

  4. #4
    Nest Egg Chickens's Avatar
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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;
    NZX50.jpg

    Does anyone have an opinion on this observation?

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    Quote Originally Posted by Chickens View Post
    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;
    NZX50.jpg

    Does anyone have an opinion on this observation?
    The NZX will often react to the sentiment of the ASX open at 12 and the Asian markets through the afternoon.

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