On 9th March 2022, the equity market of New Zealand ended in green after significant buying was encountered in the communication stocks. On the same day, NZX 50 Index and NZX 20 Index rose by 0.32% and 0.39%, respectively. Also, NZX All Communications Services has encountered an increase of 1.46%.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 11,785.13, implying ~2.96% decline in the time span of the previous 1 year. MidCap Index and SmallCap Index closed at 5,870.57 and 21,426.59 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: EODHD/Others
Gainers and Losers:
Plexure Group Limited’s (NZX: PX1) acquired TASK business recently made an announcement that it has been selected to design as well as develop the new mobile application for the iconic Accor Stadium at Sydney Olympic Park.
New Zealand Oil & Gas Ltd (NZX: NZO) rose by 5.56% to NZ$0.570 per share.
Trade Window Holdings Limited (NZX: TWL) increased 3.65%.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movements on Wall Street:
On 8th March 2022, NASDAQ Composite Index declined 0.28% to 12,795.55. Notably, Dow Jones Industrials Average fell 0.56% to 32,632.64.
Note: The reference data in this article has been partly sourced from EODHD/Others