NZ Market Ended in Red: A Quick Look

1 min read | October 08, 2021 08:15 PM NZDT | By Team Kalkine Media

On 8th October 2021, the equity market in NZ ended in red. NZX 50 Index and NZX 20 Index witnessed a fall of 0.14% and 0.17%, respectively. Also, NZX 10 Index declined by 0.11%. However, NZX All Information Technology and NZX All Consumer Staples encountered an increase of 1.19% and 1.00%, respectively.

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

Performance of Indices:

NZX 50 Index closed at 13,086.60, reflecting growth of ~6.95% in the past 1 year. MidCap Index and SmallCap Index ended at 6,579.76 and 22,891.05 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 5th October 2021, ikeGPS Group Limited (NZX: IKE) made an announcement that it has managed to sign an extension to the contract with the communications customer assisting fibre infrastructure deployment in the United States.

Wellington Drive Technologies Limited (NZX: WDT) rose by 7.14% to NZ$0.150 per share.

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

Movement on Wall Street:

On 7th October 2021, NASDAQ Composite increased by 1.05% to 14,654.02. Notably, Dow Jones Industrials Average rose by 0.98% to 34,754.94.

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


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