S&P/NZX50 Settled in Green As Utilities Sector Provided Support

On October 6, 2020, S&P/NZX50 ended the session in green, implying an increase of 0.65% to 11,975.02 and S&P/NZX20 witnessed a rise of 0.73% to 7,862.72. On the same day, S&P/NZX10 encountered an increase of 0.57% to 2,096.41. Utilities sector rose by 1.29% and Industrials sector increased by 1.13%. On the other hand, financials sector declined by 0.02%.

Sector Summary (Source: Refinitiv  (Thomson Reuters))

Sector Summary (Source: Refinitiv (Thomson Reuters))

Top Movers: Air New Zealand Ltd (NZX: AIR) (up by 3.65%), Sky Network Television Ltd (NZX: SKT) (up by 3.45%) and Serko Ltd (NZX: SKO) (up by 3%). On the other hand, Vista Group International Ltd (NZX: VGL) declined by 3.75%.

Top Movers (Source: Refinitiv  (Thomson Reuters))

Top Movers (Source: Refinitiv (Thomson Reuters))

Movements on Wall Street:

On October 5, 2020, Dow Jones Industrial Average rose by 1.68% to 28,148.64. Also, NASDAQ Composite rose by 2.32% to 11,332.49.

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