On 25th January 2022, the equity market of New Zealand closed lower after significant selling was witnessed in the consumer discretionary as well as IT stocks. However, some buying was encountered in the consumer staples sector. Also, NZX 50 Index and NZX 20 Index declined by 0.52% and 0.24%, respectively.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 12,128.21, reflecting ~9.49% decline in the time span of the past 1 year. MidCap Index and SmallCap Index ended at 6,074.68 and 22,377.74 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: EODHD/Others
Gainers and Losers:
Rakon (NZX: RAK) has appointed Sinead Horgan to the post of independent Non-Executive Director.
The a2 Milk Company Limited (NZX: ATM) rose by 6.24% to $5.790 per share.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 24th January 2022, NASDAQ Composite rose by 0.63% to 13,855.13. Notably, Dow Jones Industrials Average increased by 0.29% to 34,364.50.
Note: The reference data in this article has been partly sourced from EODHD/Others