On 12th November 2021, the stock market in NZ ended on an unfavourable note after selling was mainly witnessed in the technology sector. On the same day, NZX 50 Index and NZX 20 Index declined by 0.91% and 0.92%, respectively. Also, NZX All Information Technology has witnessed a fall of 2.48%.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 12,908.15, reflecting ~1.88% increase in the time span of the past 1 year. MidCap Index and SmallCap Index closed at 6,427.50 and 23,343.83 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: EODHD/Others
Gainers and Losers:
Rakon Limited (NZX: RAK) announced the further upgrade to the earnings guidance. For the year ending 31st March 2022, the company is anticipating to achieve underlying EBITDA between $44 Mn to $49 Mn.
Chatham Rock Phosphate Limited (NZX: CRP) rose by 4.17% to NZ$0.125 per share.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 11th November 2021, NASDAQ Composite rose by 0.52% to 15,704.28. Notably, Dow Jones Industrials Average declined by 0.44% to 35,921.23.
Note: The reference data in this article has been partly sourced from EODHD/Others