The NZX 50 Gained 15.48 Points on Friday, Mainly Due to the Rise in Healthcare and Communications Services Stocks

On 23rd July 2021, the broader NZ market was supported by the significant buying in the Healthcare and  Communications Services stocks. However, selling pressure in Consumer Staples stoks somewhat restricted the gains. Notably, NZX 50 Index rose by 0.12% to 12,736.32 and NZX 20 Index increased by 0.14% to 8,082.08. NZX All Healthcare rose by 1.46% while NZX All Consumer Staples fell by 1.43%.

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

Performance of Indices:

NZX 50 Index ended at 12,736.32, which implies ~8.92% increase over the previous 1 year. Also, MidCap Index and SmallCap Index claimed 6,364.56 and 22,612.20 points, respectively.

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

Source: REFINITIV

Gainers and Losers:

In the release dated 19th July 2021, Chatham Rock Phosphate Limited (NZX: CRP) made an announcement that it has closed the non-brokered private placement of 3,173,435 units at the price of CA$0.11 (or NZ$0.12) per unit for the gross proceeds amounting to CA$349,077.85 (or NZ$380,812.20).

On 23rd July 2021, NZME Limited (NZX: NZM) rose by 5.21% to $1.010.

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

Movement on Wall Street:

On 22nd July 2021, NASDAQ Composite increased 0.36% to 14,684.60. Dow Jones Industrials Average rose by 0.07% to 34,823.35.

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