On 7th December 2021, the NZ equity market was influenced by the buying witnessed in the consumer staples as well as consumer discretionary sectors. On the same day, NZX 50 Index rose by 0.09% to 12,609.88 and NZX 50 Portfolio Index increased by 0.30%. Also, NZX All Consumer Staples has encountered a rise of 1.21%.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 12,609.88, reflecting ~0.37% fall in the time span of the previous one year. MidCap Index and SmallCap Index closed at 6,280.12 and 23,009.56 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: EODHD/Others
Gainers and Losers:
Following the completion of the 1st phase of the cost review as well as consideration by the Board, Sky Network Television Limited (NZX: SKT) released significantly improved guidance. SKT has raised the midpoint of earlier EBITDA and NPAT forecasts for FY 2022 by 27 percent and 96 percent, respectively.
Cooks Global Foods Limited (NZX: CGF) rose by 9.68% to NZ$0.034 per share.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 6th December 2021, NASDAQ Composite increased by 0.93% to 15,225.15. Also, Dow Jones Industrials Average rose by 1.87% to 35,227.03.
Note: The reference data in this article has been partly sourced from EODHD/Others