On 31st August 2021, the broader NZ market ended the session in the green as significant buying was witnessed in the Materials stocks, among others. However, selling in Consumer Staples as well as Financials stocks, among others, limited the gains of the broader market. Notably, NZX 50 Index rose by 0.26% to 13,218.83 and NZX 20 Index increased 0.33% to 8,389.92.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index ended at 13,218.83, reflecting ~10.73% increase in the previous 1 year. Also, MidCap Index and SmallCap Index ended at 6,694.98 and 22,718.98 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: EODHD/Others
Gainers and Losers:
Harmoney Corp Limited (NZX: HMY) released the results for the 12 months ended 30th June 2021 (or FY 2021). The company has stated that it is positioned to execute on the clear strategy of growing high margin receivables throughout ANZ, where the total addressable market is expanding as the traditional financiers are contracting and more and more customers are deciding to go online for financial services.
Livestock Improvement Corporation Ltd (NZX: LIC) rose by 8.33% to NZ$1.300 per share.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 30th August 2021, NASDAQ Composite rose by 0.90% to 15,265.89. Notably, Dow Jones Industrials Average declined by 0.16% to 35,399.84.
Note: The reference data in this article has been partly sourced from EODHD/Others