NZ Equity Market Closed in Red: A Quick Look

2 min read | December 16, 2021 08:16 PM NZDT | By Team Kalkine Media

On 16th December 2021, the broader equity market of New Zealand closed the trading session in red after significant selling was encountered in the consumer staples sector. On the same day, NZX 50 Index and NZX 20 Index declined by 0.71% and 0.77%, respectively. Also, NZX 10 Index has witnessed a fall of 0.95%. Notably, NZX All Consumer Staples fell by 1.88%.

Major S&P/NZX Indices Movement

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

Performance of Indices:

NZX 50 Index closed at 12,777.54, which implies ~0.40% fall in the time span of the previous 1 year. MidCap Index and SmallCap Index closed at 6,449.23 and 23,235.97 points, respectively.

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

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

Source: EODHD/Others

Gainers and Losers:

The New Zealand Refining Company Limited (NZX: NZR) and Fortescue Future Industries (or FFI) signed the MOU.

This is with respect to study the feasibility of production, storage, distribution, as well as export of the industrial-scale green hydrogen from the Marsden Point.

NZ Windfarms Limited (NZX: NWF) rose by 4.55% to NZ$0.230 per share.

Top 5 Gainers and Losers on 16 December 2021

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

Movement on Wall Street:

On 15th December 2021, NASDAQ Composite rose by 2.15% to 15,565.58. Notably, Dow Jones Industrials Average increased 1.08% to 35,927.43.

Note: The reference data in this article has been partly sourced from EODHD/Others


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