NZ Market Ended in Green As Consumer Staples Sector Witnessed Buying

On 20th October 2021, the NZ equity market ended in green. This was mainly due to significant buying pressure which was witnessed on the consumer staples sector. NZX 50 Index and NZX 20 Index rose by 0.37% and 0.41%, respectively. On the same day, NZX All Consumer Staples witnessed a rise of 4.29% and NZX Primary Sector Index increased 1.68%.

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

Performance of Indices:

NZX 50 Index closed at 13,114.24, implying ~5.23% increase in the time frame of past 1 year. MidCap Index and SmallCap Index ended at 6,538.85 and 23,204.96 points, respectively.

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

Source: REFINITIV

Gainers and Losers:

TruScreen Group Limited (NZX: TRU) made an announcement about the achievement of main milestones with regards to the ongoing development of TRU’s women’s health care technology as well as the overseas growth strategy. The company has continued to expand in China, its most established market. It is also the world’s largest addressable cervical cancer market.

Cooks Global Foods Limited (NZX: CGF) rose by 10% to NZ$0.033 per share.

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

 

Movement on Wall Street:

On 19th October 2021, NASDAQ Composite increased by 0.71% to 15,129.09. Also, Dow Jones Industrials Average rose by 0.56% to 35,457.31.

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

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