"So it will take some time to settle down I would imagine, given those two things, but it is exciting to see NZME listing," he said. Shares in NZME - publisher of the New Zealand Herald - traded at 85c per share on their debut on the NZX. The meltdown on world markets has coincided with the listing of New Zealand media company - NZME - on the NZX and Bennett said he expected trade in the stock to be volatile at first. "So I think that once the position becomes clear, from at least the New Zealand market's perspective, it won't have a lot of impact," he said. NZX chief executive Tim Bennett expects the financial markets to remain volatile over the next few weeks in the aftermath of Britain's surprise decision to leave the European Union.

Source: New Zealand Herald June 27, 2016 00:07 UTC