Materials and Healthcare Sectors Helped Broader Market in NZ

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Materials and Healthcare Sectors Helped Broader Market in NZ

 Materials and Healthcare Sectors Helped Broader Market in NZ
Image source: lucadp, Shutterstock.com

On 5th November 2021, the equity market in NZ ended in green after significant buying was witnessed in the materials as well as healthcare sectors. Notably, NZX 50 Index and NZX 20 Index rose by 1% and 1.10%, respectively. On the same day, NZX All Materials witnessed a rise of 2.97% and NZX All Health Care rose by 1.78%.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media

Performance of Indices:

NZX 50 Index closed at 13,074.61, implying ~6.73% increase in the time frame of past 1 year. MidCap Index and SmallCap Index closed at 6,500.64 and 23,303.76 points, respectively.

S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: REFINITIV

Gainers and Losers:

Recently, General Capital Limited (NZX: GEN) mentioned important information about its subsidiary, General Finance Limited. As per the release, General Finance Limited’s total assets amounted to $79.1 Mn as at 30th September 2021.

Port of Tauranga Ltd (NZX: POT) rose by 3.69% to NZ$6.750 per share.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media

Movement on Wall Street:

On 4th November 2021, NASDAQ Composite rose by 0.81% to 15,940.31. Notably, Dow Jones Industrials Average declined by 0.09% to 36,124.23.

Note: The reference data in this article has been partly sourced from REFINITIV

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