On 14th December 2021, the equity market of New Zealand closed in red after significant selling was encountered in the consumer discretionary stocks. On the same day, NZX 50 Index and NZX 20 Index declined by 0.50% and 0.43%, respectively. Also, NZX All Consumer Discretionary has witnessed a fall of 1.56%.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 12,929.59, reflecting ~0.74% increase in the time frame of the past 1 year. MidCap Index and SmallCap Index closed at 6,519.79 and 23,092.60 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: EODHD/Others
Gainers and Losers:
Plexure Group Limited (NZX: PX1) informed about the completion of the consultation process. Notably, the consultation process led to the headcount reduction of 55 (non-engineering roles) as well as annual staff cost savings amounting to ~$8 Mn.
Blis Technologies Limited (NZX: BLT) rose by 4.26% and Sky Network Television Limited (NZX: SKT) increased by 3.97%.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 13th December 2021, NASDAQ Composite fell 1.39% to 15,413.28. Notably, Dow Jones Industrials Average declined 0.89% to 35,650.95.
Note: The reference data in this article has been partly sourced from EODHD/Others