On 19th August 2021, the broader NZ market ended in green as significant buying was witnessed in the Communications Services stocks, followed by Materials stocks, among others. NZX 50 High Dividend Index rose by 2.76% and NZX All Materials increased 2.73%. Meanwhile, NZX 50 Index rose by 1.87% to 12,956.97.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index ended at 12,956.97, reflecting ~10.26% increase in the previous 1 year. Also, MidCap Index and SmallCap Index ended at 6,431.46 and 22,122.14 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 release dated 19th August 2021, Chorus Limited (NZX: CNU) stated that Commerce Commission published the draft decision proposing an initial RAB (or regulated asset base) of $5.427 Bn for the company’s regulated fibre business from the month of January 2022.
ArborGen Holdings Limited (NZX: ARB) rose by 6.78% to $0.315 per share.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 18th August 2021, NASDAQ Composite declined by 0.89% to 14,525.91. Notably, Dow Jones Industrials Average fell 1.08% to 34,960.69.
Note: The reference data in this article has been partly sourced from EODHD/Others