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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
4 mins to read

NZX receiving ‘positive signals’ on capital market changes

CEO Mark Peterson is hopeful subdued environment is starting to change.

Key points
  • Revenue: Up 7% to $57.8 million in the six months ended June 30, 2024.
  • Profit: Up 119% to $15.3m, including a $7.3m fair value adjustment related to its QuayStreet Asset Management acquisition.
  • Main takeaway: NZX chief executive Mark Peterson is hopeful capital markets activity will start to pick up in the second half of this year.

 

The chief executive of the New Zealand stock exchange is hopeful the attractiveness of equity markets is starting to change, following what he described as a first half marked by a “challenging environment for global markets”.

The NZX today said its revenue in the six months to June 30, 2024,

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Hamish McNicol Fri, 23 Aug 2024
Contact the Writer: Hmcnicol@nbr.co.nz
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Key points
  • Revenue: Up 7% to $57.8 million in the six months ended June 30, 2024.
  • Profit: Up 119% to $15.3m, including a $7.3m fair value adjustment related to its QuayStreet Asset Management acquisition.
  • Main takeaway: NZX chief executive Mark Peterson is hopeful capital markets activity will start to pick up in the second half of this year.

 

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NZX receiving ‘positive signals’ on capital market changes
Investment,
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