On 22nd October 2021, the equity market in NZ closed in red as consumer staples sector weighed over the broader market. NZX 50 Index and NZX 20 Index declined by 0.25% and 0.23%, respectively. Notably, NZX All Consumer Staples witnessed a fall of 2.58%. However, NZX All Materials rose by 0.99%.
Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 13,093.24, reflecting ~5.53% rise in the time frame of past 1 year. MidCap Index and SmallCap Index ended at 6,508.93 and 23,203.11 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year
Source: EODHD/Others
Gainers and Losers:
PGG Wrightson Limited (NZX: PGW) released an update dated 19th October 2021 and mentioned that the Board is confident that the company is well-placed to continue to perform well as well as deliver on the PGW Group Strategy to grow business.
Evolve Education Group Limited (NZX: EVO) rose by 4.11% to NZ$0.760 per share.
Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 21st October 2021, NASDAQ Composite increased by 0.62% to 15,215.70. Notably, Dow Jones Industrials Average declined by 0.02% to 35,603.08.
Note: The reference data in this article has been partly sourced from EODHD/Others