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On 7th October 2021, the NZ market ended on an unfavourable note as significant selling was witnessed in the consumer staples sector. Notably, NZX 50 Index and NZX 20 Index fell by 0.47% and 0.53%, respectively. NZX All Consumer Staples witnessed a fall of 1.79%.
Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 13,104.61, reflecting a rise of ~9.06% in the past 1 year. MidCap Index and SmallCap Index ended at 6,592.10 and 22,771.75 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year
Source: EODHD/Others
Gainers and Losers:
In the release dated 6th October 2021, Just Life Group Limited (NZX: JLG) made an announcement related to the acquisition of the business of Intenza New Zealand Ltd. This is the continuation of its acquisition strategy in ‘Healthy Living’ sector of the group. The company would continue to pursue an acquisition strategy in order to ensure growth as well as sustainable future earnings for the group.
Geo Limited (NZX: GEO) rose by 6.32% to NZ$0.185 per share.
Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 6th October 2021, NASDAQ Composite rose 0.47% to 14,501.91. Also, Dow Jones Industrials Average increased 0.30% to 34,416.99.
Note: The reference data in this article has been partly sourced from EODHD/Others