On 10th January 2022, the broader equity market of NZ closed on an unfavourable note after significant selling pressure was witnessed on the consumer discretionary stocks. On the same day, NZX 50 Index and NZX 20 Index fell by 0.60% and 0.66%, respectively. Also, NZX All Consumer Discretionary encountered a decline of 1.79%.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 12,892.94 which implies ~2.99% decline in the time span of the past 1 year. MidCap Index and SmallCap Index ended at 6,492.46 and 23,870.09 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: EODHD/Others
Gainers and Losers:
The Warehouse Group Limited (NZX: WHS) published the trading update for the 5 months ended 2nd January 2022. It was mentioned that the ongoing disruption to the worldwide supply chains led to management of stock flow through the peak trading period difficult.
Bremworth Limited (NZX: BRW) rose by 8.45% to NZ$0.770 per share.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 7th January 2022, NASDAQ Composite declined 0.96% to 14,935.90. Notably, Dow Jones Industrials Average fell by 0.01% to 36,231.66.
Note: The reference data in this article has been partly sourced from EODHD/Others