On October 7, 2020, S&P/NZX50 ended the session in green as there was an increase of 0.34% to 12,016.15 and S&P/NZX20 rose by 0.40% to 7,894.11. Notably, S&P/NZX10 encountered an increase of 0.34% to 2,103.48. Financials sector rose by 2.70% and Utilities sector increased by 2.16%.

Sector Summary

Sector Summary

Top Movers: Meridian Energy Ltd (NZX: MEL) (up by 4.37%), Vector Ltd (NZX: VCT) (up by 3.16%), Stride Property Ltd (NZX: SPG) (up by 2.88%). On the flip side, Vista Group International Ltd (NZX: VGL) witnessed a fall of 5.84%.

Top Movers (Source: Refinitiv  (Thomson Reuters))

Top Movers (Source: Refinitiv (Thomson Reuters))

Movements on Wall Street:

On October 6, 2020, Dow Jones Industrial Average witnessed a fall of 1.34% to 27,772.76. Also, NASDAQ Composite fell by 1.57% to 11,154.60.

 

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