On 8th December 2021, the NZ equity market closed the session on a favourable note after significant buying was witnessed in the IT stocks. NZX 50 Index and NZX 50 Portfolio Index rose by 2.05% and 1.93%, respectively. Also, NZX All Information Technology has encountered a rise of 3.00%.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 12,868.32, implying ~1.17% increase in the time frame of the past 1 year. MidCap Index and SmallCap Index closed at 6,409.32 and 23,184.77 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: EODHD/Others
Gainers and Losers:
The Board of Livestock Improvement Corporation (NZX: LIC) made an announcement that it would be paying shareholders the special dividend amounting to 10 cps. The fully imputed dividend, which is worth $14.2 Mn, would be paid on 21st January 2022.
Serko Limited (NZX: SKO) rose by 6.98% to $6.900 per share.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 7th December 2021, NASDAQ Composite increased by 3.03% to 15,686.92. Also, Dow Jones Industrials Average rose by 1.40% to 35,719.43.
Note: The reference data in this article has been partly sourced from EODHD/Others