The NZX 50 Ended Marginally Lower on Tuesday

On 20th July 2021, significant selling in Materials, Consumer Discretionary, and Energy stocks, among others, pulled the bencharked Index lower, while some buying in Healthcare and Communicatioins Services stocks, provided the requried support to the benchmark. Notably, NZX 50 Index fell by 0.01% to 12,650.84 while NZX 20 Index increased by 0.04% to 8,031.32. NZX All Materials fell by 1.79%.

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

MidCap and SmallCap Outperformed Broader Market:

NZX 50 Index ended at 12,650.84, which implies ~9.50% increase over the previous 1 year. Also, MidCap Index and SmallCap Index claimed 6,315.07 and 22,407.50 points, respectively.

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

Source: REFINITIV

Gainers and Losers:

Cooks Global Foods Limited (NZX: CGF) stated that it is working towards releasing the annual report to market on 30th July.

On 20th July 2021, Vista Group International Ltd (NZX: VGL) rose by 4.15% to NZ$2.260.

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

Movement on Wall Street:

On 19th July 2021, NASDAQ Composite fell by 1.06% to 14,274.98. Notably, Dow Jones Industrials Average declined by 2.09% to 33,962.04.

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

Comment


Disclaimer

   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK