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Jarden Brief: Why NZX ended the day in the red
21 Apr, 2021 08:26 PM
7 minutes to read
Wednesday was a tough day for large-cap stocks on the NZX. Photo / File
NZ Herald
New Zealand
The NZX50 was in the red again yesterday with a 1.1 per cent decline. It
was a particularly bad trading day for large cap stocks, with the NZX10 falling 1.5 per cent.
The fall in the NZX50 was led by the consumer non-cyclicals and financials sectors, down 3.1 and 2.3 per cent, respectively. The only sector to rise was energy, up 1.0 per cent.
Logistics software company, Eroad, was the top performing stock yesterday after investors digested a mixed third quarter report which was released on Monday. Eroad reported some progress in making deals with large enterprises in the US – while sales for its new dashcam product seemed to be tracking well. ....

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