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  • Market: New Zealand
  • Sector: Aged Care, Building, Financials, Food, Beverages & Agriculture, Healthcare, Industrials, Media, Mining, Oil & Gas, Property, Retail, Services, Technology, Telecommunications, Tourism, Transport, and Utilities
1 June 2019
A Month in the Market - December 2019
By Matthew Leach, Will McManus
 

The S&P/NZX 50 G index rose +1.5% in December 2019, closing at 11,492 and capping off a +30.4% return for 2019. Large caps underperformed the Mid-caps with strength in Financials, Healthcare and Consumer Discretionary stocks. Elsewhere Energy, Communication Services, and Materials underperformed the benchmark. Off-shore markets, S&P/ASX200 Accum, S&P500 TR and FTSE100 TR returned -2.2%, +3.0% and +2.8% respectively (local currency).


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