On 3rd February 2022, the stock market in New Zealand ended on a favourable note after robust buying was encountered in the materials sector. On the same day, NZX 50 Index rose by 0.37% and NZX 10 Index increased by 0.15%. Also, NZX All Materials rose by 2.24%.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 12,335.32, reflecting ~5.77% decline in the time span of the previous 1 year. MidCap Index and SmallCap Index ended at 6,228.29 and 22,566.50 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: EODHD/Others
Gainers and Losers:
Serko Limited (NZX: SKO) provided update on the trading conditions. It has adjusted the guidance range for revenue for the full-year to 31 March 2022. Its revenue is now expected to be between NZ$18 Mn- NZ$20.5 Mn.
Cooks Global Foods Limited (NZX: CGF) increased 12.5% to NZ$0.036 per share.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 2nd February 2022, NASDAQ Composite rose by 0.50% to 14,417.55. Notably, Dow Jones Industrials Average increased 0.63% to 35,629.33.
Note: The reference data in this article has been partly sourced from EODHD/Others