NZ Markets Ended on a Mixed Note: What Investors Need to Know

On 24th September 2021, the broader NZ market reflected mixed performance. Notably, healthcare sector witnessed the selling pressure and consumer staples as well as materials stocks encountered buying pressure. NZX 50 Index fell by 0.35% and NZX 20 Index declined by 0.52%. Also, NZX All Health Care fell by 1.36%.

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

Performance of Indices:

NZX 50 Index closed at 13,259.55, implying ~13.43% rise in 1 year. Notably, MidCap Index and SmallCap Index ended at 6,671.04 and 22,634.61 points, respectively.

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

Source: REFINITIV

Gainers and Losers:

Marlin Global Limited (NZX: MLN) has released its annual report for the 12 months ended 30th June 2021. The company has posted net profit amounting to $69.2 Mn and its total shareholder return stood at 88.5%.

Goodwood Capital Limited (NZX: GWC) rose by 33.33% to A$0.040 per share.

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

Movement on Wall Street:

On 23rd September 2021, NASDAQ Composite increased by 1.04% to 15,052.24. Also, Dow Jones Industrials Average rose 1.48% to 34,764.82.

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

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