On 24th December 2021, the equity market of NZ closed the session in green after buying was witnessed in the consumer staples as well as financial stocks. On the same day, NZX 50 Index and NZX 20 Index rose by 0.20% and 0.16%, respectively. Also, NZX All Consumer Staples increased by 0.61%.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 12,888.41 which implies ~1.15% decline in the time frame of the past 1 year. MidCap Index and SmallCap Index closed at 6,435.43 and 23,518.33 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: EODHD/Others
Gainers and Losers:
In the announcement by AMP Limited (NZX: AMP), it was mentioned that AMP’s Private Markets business, PrivateMarketsCo, has entered into the binding agreement in order to sell the Infrastructure Debt platform to Ares Holdings LP. The total cash consideration has been fixed at A$428 Mn.
ArborGen Holdings Limited (NZX: ARB) rose by 6% to NZ$0.265 per share.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 23rd December 2021, NASDAQ Composite increased by 0.85% to 15,653.37. Notably, Dow Jones Industrials Average rose 0.55% to 35,950.56.
Note: The reference data in this article has been partly sourced from EODHD/Others