Look at the size of those orders and all the shares seem to be heading lower
Printable View
Look at the size of those orders and all the shares seem to be heading lower
27,403,465 shares on the buy depth right now :O
Why are we in the closing mode before 1645?
early close because of MSCI index rebalancing. currently estimating a closing match of $11.25 but it is moving around all the time as people add orders. There will be $300m+ matched, I believe. Match completes as usual just before / after 5pm.
That's announced in the market this morning.
https://www.nzx.com/announcements/318737
Reminder – extension of trading sessions today
31/5/2018, 9:06 amGENERALNZX wishes to remind market participants that extended trading will occur across the Main Board, Debt Market, NZAX and Fonterra Shareholders’ Market today, Thursday 31 May 2018.
Amendments are being made to accommodate the last trading date in advance of the MSCI semi-annual review.
Today trading will be extended per the below across each of the affected markets:
• the Pre-Close Session will be extended by 15 minutes, and will commence earlier at 4:30pm;
• the Adjust Session will be extended by 20 minutes, and will conclude at 5:50pm; and
• the Enquiry Session will consequently commence at 5:50pm.
If you have any questions please contact NZX Product Operations on +64 4 496 2853 or at: productoperations@nzx.com
Further information on the MSCI semi-annual review can be found at the link below:
https://www.msci.com/documents/10199/49d039f0-e36b-a171-a1fc-0da8fbf6925e
Well that was well advertised. Not.