NZX traded at 1.40 this Friday April 24th. Looking back, over the last four weeks, NZX lost 6.06 percent. Over the last 12 months, its price fell by 7.28 percent. Looking ahead, we forecast NZX to be priced at 1.37 by the end of this quarter and at 1.30 in one year, according to Trading Economics global macro models projections and analysts expectations.
NZX Limited operates New Zealand securities, derivatives and energy markets, including building and maintaining the infrastructure on which they operate. The Company provides funds management services. The Company's segments include Markets, Funds Services, and Corporate. The Company's Markets segment is an operator and regulator of securities and derivatives markets and provider of trading, post-trade and data services for securities and derivatives, as well as the provider of a central securities depository. Its Funds Services segment is a provider of superannuation, KiwiSaver and Exchange Traded Funds and funds administration platforms.