New Zealand Exchange
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New Zealand Exchange Limited (NZX) is the successor to many decades of a New Zealand stock exchange run as a non-profit body.
In the late 1990s, after a decade of corporatisation and privatisation introduced by the Government, the stock exchange followed suit and was corporatised. Shortly thereafter it changed its name and listed itself.
Most of the companies listed on the NZX have share prices below NZ$10. New Zealand companies seem to prefer their share price to have the psychological 'low price' appearance. By contrast, stocks on the American exchanges have average share prices of US$40 (NZD 65.4).
Contact information
New Zealand Exchange LimitedLevel 2, NZX Centre
11 Cable Street
PO Box 2959
DX: SP23501
Wellington, New Zealand
Telephone:+64 4 472 7599
Facsimile: +64 4 496 2893
Email: info@nzx.com
- [NZX] official website
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