On 29th October 2021, the equity market in New Zealand closed the session in green as significant buying was encountered in the consumer staples sector. Notably, NZX 50 Index and NZX 20 Index increased by 0.99% and 0.98%, respectively. NZX All Consumer Staples rose by 2.55%.
Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 13,099.82, implying ~7.36% increase in the time span of past 1 year. MidCap Index and SmallCap Index closed at 6,567.90 and 23,312.85 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year
Source: EODHD/Others
Gainers and Losers:
MOVE Logistics Group Limited (NZX: MOV) wrapped up the institutional entitlement offer component (Institutional Entitlement Offer) of the fully underwritten 1 for 3.06 pro rata accelerated renounceable entitlement offer of the new ordinary shares. Notably, total of ~$40 Mn would be garnered under the offer.
MHM Automation Limited (NZX: MHM) rose by 6.25% to NZ$0.680 per share.
Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 28th October 2021, NASDAQ Composite rose by 1.39% to 15,448.12. Notably, Dow Jones Industrials Average increased 0.68% to 35,730.48.
Note: The reference data in this article has been partly sourced from EODHD/Others