NZX 50 Ended in Green as Fall in Consumer Non-Cyclicals Was Offset By Rise in Utilities

On January 21, 2021, NZX 50 ended the session in green as there was a rise of 0.66% to 13,112 and NZX 20 increased by 0.70% to 8,601. On the same day, NZX 10 witnessed a rise of 0.61% to 13,314. Utilties sector rose by 2.67% and industrials sector increased by 0.88%.

Sector Summary (Source: Refinitiv (Thomson Reuters))

Gainers and Losers: Pushpay Holdings Ltd (NZX: PPH) (up by 5.26%) and Meridian Energy Ltd (NZX: MEL) (up by 4.35%). On the other hand, Chorus Ltd (NZX: CNU) declined by 1.88%.

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

Movements on Wall Street:

On January 20, 2021, Dow Jones Industrial Average rose by 0.83% to 31,188.38. Notably, NASDAQ Composite increased by 1.97% to 13,457.25.



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