On 18th February 2022, the broader equity market in NZ was impacted by the selling witnessed in the IT stocks. On the same day, NZX 50 Index and NZX 20 Index declined by 0.94% and 1.01%, respectively. Also, NZX All Information Technology has witnessed a fall of 2.16%.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Performance of Indices:
NZX 50 Index closed at 12,141.89, implying ~3.89% decline in the time span of the previous 1 year. MidCap Index and SmallCap Index closed at 6,128.76 and 22,156.00 points, respectively.
S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: EODHD/Others
Gainers and Losers:
The Board of CDL Investments New Zealand Limited (NZX: CDI) reported that the company witnessed the PAT of $31.3 Mn in 2021 (2020: $30.1 Mn).
ArborGen Holdings Limited (NZX: ARB) rose by 4.35% to NZ$0.240 per share.

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media
Movement on Wall Street:
On 17th February 2022, NASDAQ Composite Index declined 2.88% to 13,716.72. Notably, Dow Jones Industrials Average fell 1.78% to 34,312.03.
Note: The reference data in this article has been partly sourced from EODHD/Others