On 21st January 2022, the equity market in New Zealand closed in red after huge selling was witnessed in the consumer staples as well as financials sectors. On the same day, NZX 50 Index fell by 1.19% and NZX All Consumer Staples declined by 2.72%. Notably, NZX All Financials fell by 2.48%.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 12,348.00, implying ~5.83% decline in the time span of the previous 1 year. MidCap Index and SmallCap Index ended at 6,245.14 and 23,033.87 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: EODHD/Others
Gainers and Losers:
ikeGPS Group Limited (NZX: IKE) made an announcement that it has received ~$0.9 Mn contract from the new tier-1 North American electric utility customer.
Greenfern Industries Limited (NZX: GFI) rose by 6.67% to $0.240 per share.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 20th January 2022, NASDAQ Composite declined 1.30% to 14,154.02. Notably, Dow Jones Industrials Average fell 0.89% to 34,715.39.
Note: The reference data in this article has been partly sourced from EODHD/Others