NZX 50 Ended in Red; Financials Sector Witnessed a Significant Decline

  • November 26, 2020 07:37 PM NZDT
  • Team Kalkine
NZX 50 Ended in Red; Financials Sector Witnessed a Significant Decline

On November 26, 2020, S&P/NZX50 ended the session in red as there was a fall of 0.53% to 12,602 and S&P/NZX20 fell by 0.26% to 8,327. On the other hand, S&P/NZX10 fell by 0.63% to 12,892. On the same day, Consumer Non-Cyclicals sector increased by 1.20% and real estate sector rose by 0.85%. However, financials sector fell by 2.12%.

Sector Summary (Source: Refinitiv (Thomson Reuters))

Top Movers: Vital Healthcare Property Trust (NZX: VHP) (up by 2.74%) and Precinct Properties New Zealand Ltd (NZX: PCT) (up by 2.64%). On the other hand, Pushpay Holdings Ltd (NZX: PPH) witnessed a fall of 6.56%.

Top Movers (Source: Refinitiv (Thomson Reuters))

Movements on Wall Street: On November 25, 2020, Dow Jones Industrial Average witnessed a decline of 0.57% to 29,872.47. Notably, NASDAQ Composite witnessed a rise of 0.47% to 12,094.40.


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