References in periodicals archive ?
One reason for this is that the share market capitalisation relative to GDP is much lower for New Zealand, reflecting the high direct foreign ownership and economic activity that is not represented in the NZSE 40 (including New Zealand's largest company, Fonterra).
NZSE developed the HTML/WML interface for end users.
Although described as a potential merger, analysts said combining the two bourses would amount to a takeover by the ASX, with the Australian exchange likely to buy the NZSE, the FT report said.
Over 1,300 companies are listed on the ASX, which has an equity market capitalization of some US$400 billion, while about 200 companies are traded on the NZSE with capitalization of US$22 billion.