AIRLINK 57.90 Increased By ▲ 2.86 (5.2%)
BOP 6.24 Decreased By ▼ -0.05 (-0.79%)
CNERGY 4.02 Increased By ▲ 0.07 (1.77%)
DFML 15.73 Increased By ▲ 0.09 (0.58%)
DGKC 68.49 Increased By ▲ 2.49 (3.77%)
FCCL 17.72 Increased By ▲ 0.70 (4.11%)
FFBL 25.69 Increased By ▲ 1.24 (5.07%)
FFL 9.26 Increased By ▲ 0.26 (2.89%)
GGL 9.74 Increased By ▲ 0.30 (3.18%)
HBL 111.74 Increased By ▲ 1.74 (1.58%)
HUBC 114.81 Increased By ▲ 1.46 (1.29%)
HUMNL 6.45 Increased By ▲ 0.10 (1.57%)
KEL 4.30 Increased By ▲ 0.02 (0.47%)
KOSM 3.55 Increased By ▲ 0.43 (13.78%)
MLCF 37.42 Increased By ▲ 1.02 (2.8%)
OGDC 117.20 Increased By ▲ 3.71 (3.27%)
PAEL 22.99 Increased By ▲ 0.99 (4.5%)
PIAA 11.31 Increased By ▲ 0.12 (1.07%)
PIBTL 5.71 Increased By ▲ 0.21 (3.82%)
PPL 105.32 Increased By ▲ 2.63 (2.56%)
PRL 26.45 Increased By ▲ 1.31 (5.21%)
PTC 9.49 Increased By ▲ 0.04 (0.42%)
SEARL 53.34 Increased By ▲ 3.72 (7.5%)
SNGP 64.79 Increased By ▲ 1.94 (3.09%)
SSGC 10.94 Increased By ▲ 0.18 (1.67%)
TELE 7.15 Increased By ▲ 0.18 (2.58%)
TPLP 11.79 Increased By ▲ 0.26 (2.25%)
TRG 72.25 Increased By ▲ 4.65 (6.88%)
UNITY 20.63 Increased By ▲ 0.13 (0.63%)
WTL 1.29 Increased By ▲ 0.07 (5.74%)
BR100 6,286 Increased By 123 (2%)
BR30 21,586 Increased By 604.2 (2.88%)
KSE100 61,559 Increased By 1094.9 (1.81%)
KSE30 20,718 Increased By 420.9 (2.07%)
Markets

New Zealand shares fall most in a week; Australia closed

  • New Zealand-listed shares of Westpac Banking Corp and Australia and New Zealand Banking Group were among the top drags, losing 1% each.
Published January 26, 2021

New Zealand shares slipped 0.5% on Tuesday, with financials and industrials leading the declines, even as trading remained subdued owing to the closure of equity markets in Australia for a public holiday.

The benchmark S&P/NZX 50 index slipped as much as 0.5% to 13,328.89 by 2230 GMT, its largest intraday decline since Jan. 19, in a low volume session that saw just 3.9 million shares change hands, compared with the 30-day average of 36.2 million shares.

On Monday, New Zealand confirmed its first case of COVID-19 in the community in months, triggering suspension of a travel bubble with Australia for 72 hours and denting investor sentiment.

Six out of nine major sectors in the benchmark traded in the red, with financials losing the most.

New Zealand-listed shares of Westpac Banking Corp and Australia and New Zealand Banking Group were among the top drags, losing 1% each.

In industrials, Auckland International Airport shed as much as 3.5%, while Air New Zealand was down more than a percent.

Among gainers, Synlait Milk advanced up to 3%, marking its biggest intraday jump this year after it hiked its milk price forecast for the 2021 season to NZ$7.20 per kilogram of milk solids (kgMS), up from a previous estimate of NZ$6.40 kgMS.

Comments

Comments are closed.