Selling in Energy, Consumer Staples, and Industrials Stocks Impacted Broader Market

On 3rd August 2021, the broader NZ market witnessed the impact of significant selling in the Energy, Consumer Staples as well as Industrials stocks, among others. Notably, NZX 50 Index declined by 0.02% to 12,700.50 and NZX 20 Index rose by 0.10% to 8,083.93. NZX All Energy Index fell by 1.38%.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media

Performance of Indices:

NZX 50 Index ended at 12,700.50 which implies ~8.87% increase in the past 1 year. Also, MidCap Index and SmallCap Index managed to claim 6,302.32 and 22,373.52 points, respectively.

S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: REFINITIV

Gainers and Losers:

In the release dated 22nd July 2021, Blis Technologies Limited (NZX: BLT) stated that it has made an appointment of Tom Rönnlund as the director of the company.

Wellington Drive Technologies Limited (NZX: WDT) rose by 5.83% to $0.109 per share.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media

Movement on Wall Street:

On 2nd August 2021, NASDAQ Composite rose by 0.06% to 14,681.07. However, Dow Jones Industrials Average declined by 0.28% to 34,838.16.

Note: The reference data in this article has been partly sourced from REFINITIV

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