S&P/NZX50 Ended the Session in Green Led by Telecommunications Services Sector

  • September 16, 2020 07:14 PM NZST
  • Team Kalkine
S&P/NZX50 Ended the Session in Green Led by Telecommunications Services Sector

On September 16, 2020, S&P/NZX50 closed the session in green, reflecting a rise of 0.37% to 11,814.71 while S&P/NZX20 increased 0.42% to 7,827.72. Notably, S&P/NZX10 rose by 0.40% to 2,086.43.

Telecommunicatons services sector rose by 0.93% while Energy sector increased 0.80%. On the flip side, Technology sector fell 1.09% and Financials sector decreased 0.15%.

Sector Summary (Source: Refinitiv  (Thomson Reuters))

Sector Summary (Source: Refinitiv (Thomson Reuters))

Top Movers: Kathmandu Holdings Ltd (NZX: KMD) (up by 2.52%), Arvida Group Ltd (NZX: ARV) (up by 2.45%) and Pushpay Holdings Ltd (NZX: PPH) (up by 1.80%). Conversely, Sky Network Television Ltd (NZX: SKT) was down by 3.18% and Tourism Holdings Ltd (NZX: THL) fell 2.27%.

Top Movers (Source: Refinitiv  (Thomson Reuters))

Top Movers (Source: Refinitiv (Thomson Reuters))

Movements on Wall Street:

On September 15, 2020, Dow Jones Industrial Average witnessed a marginal rise and it closed at 27,995.60. On the same day, NASDAQ Composite increased by 1.21% to 11,190.32.

 

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