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NZX ( (NZSTF) ) has shared an announcement.
NZX’s March 2026 shareholder metrics show a modest 2.1% year-on-year rise in total market capitalisation to $238.9 billion, driven by a 5.4% lift in equity values and improved S&P/NZX 50 index performance, even as the number of listed securities and issuers edged down. Funds under management and administration grew strongly, with external FUM up 20.5% and funds under administration up 16.3%, underscoring the expansion of its Smart ETFs and wealth businesses.
Capital formation was weak, with total capital listed and raised year to date dropping 72.6% to $795 million and new equity listings falling sharply in value, while secondary capital raisings and fund capital activity remained comparatively more resilient. Trading conditions softened, as cash market value traded declined 10.3% and derivatives volumes fell 28.7%, but clearing activity, data terminals and dairy data subscriptions were generally stable, highlighting a mixed picture for NZX’s core markets and ancillary services.
More about NZX
NZX Limited operates New Zealand’s primary securities exchange, providing listing, trading, clearing, depository and data services for equity, debt and fund securities. The group also offers index services, market data, wealth management platforms and dairy data products, serving issuers, investors and financial intermediaries across the domestic capital markets.
For an in-depth examination of NZSTF stock, go to TipRanks’ Overview page.