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On 1st November 2021, the NZ equity market closed the session in red. However, buying was witnessed in the materials sector as NZX All Materials rose by 1.49%. Notably, NZX 50 Index and NZX 20 Index declined by 0.53% and 0.55%, respectively. On the same day, NZX All Industrials fell by 0.90%.
Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 13,030.31, implying ~7.95% increase in the time span of past 1 year. MidCap Index and SmallCap Index closed at 6,553.83 and 23,356.48 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year
Source: EODHD/Others
Gainers and Losers:
In the release dated 1st November 2021, AFT Pharmaceuticals Limited (NZX: AFT) stated that the US Food and Drug Administration (or FDA) has confirmed that they have accepted the New Drug Application (or NDA) for Maxigesic IV®, the intravenous form of its patented pain relief medicine that was filed in the month of August this year.
ArborGen Holdings Limited (NZX: ARB) rose by 5.36% to NZ$0.295 per share.
Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 29th October 2021, NASDAQ Composite increased 0.33% to 15,498.39. Notably, Dow Jones Industrials Average rose by 0.25% to 35,819.56.
Note: The reference data in this article has been partly sourced from EODHD/Others