NZX 50 Ended Flat, Financial Services and Consumer Cyclical Sectors Contributed Positively

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On March 3, 2021, NZX 50 ended the trading session in green reflecting a rise of 0.12% to 12,359.26 and NZX 20 increased by 0.05% to 7,997.25. However, NZX 10 declined by 0.11% to 2081.94. Financials sector increased by 2.30% and Consumer Cyclicals sector rose by 0.90%.

Sector Summary (Source: Refinitiv (Thomson Reuters))

Gainers and Losers: Genesis Energy Ltd (NZX: GNE) (up by 2.74%) and Skycity Entertainment Group Ltd (NZX: SKC) (up by 2.62%). However, Sanford Ltd (NZX: SAN) fell by 3.40%.

Gainers and Losers (Source: Refinitiv (Thomson Reuters))

Movements on Wall Street:

On March 2, 2021, Dow Jones Industrial Average declined by 0.46% to 31,391.52. Notably, NASDAQ Composite also fell by 1.69% to 13,358.79.


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