On November 17, 2020, S&P/NZX50 ended the session in green as there was a rise of 0.16% to 12,765 and S&P/NZX20 increased by 0.14% to 8,444. Notably, S&P/NZX10 increased by 0.13% to 13,131. Financials sector witnessed a rise of 2.93% and energy sector rose by 2.83%. On the other hand, technology sector fell by 0.91%.
Sector Summary (Source: Refinitiv (Thomson Reuters))
Top Movers: Australia and New Zealand Banking Group Ltd (NZX: ANZ) (up by 3.08%) and Westpac Banking Corporation (NZX: WBC) (up by 2.84%). On the other hand, Meridian Energy Ltd (NZX: MEL) witnessed a fall of 3.49% and Chorus Ltd (NZX: CNU) declined 2.82%.
Top Movers (Source: Refinitiv (Thomson Reuters))
Movements on Wall Street: On November 16, 2020, Dow Jones Industrial Average rose by 1.59% to 29,950.44. Notably, NASDAQ Composite increased 0.80% to 11, 924.13.