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Global Equities Roundup: Market Talk

Dow Jones Newswires ·  Oct 22, 2021 00:22

The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day.

0411 GMT - New Zealand's NZX-50 closed 0.3% lower at 13093.24, as a2 Milk weakened on a possible second lawsuit against the company. Power utilities and property stocks also declined. Infant-formula company a2 slumped 4.0% following a 2.6% decline the day before after it acknowledged the possibility of a second class-action lawsuit alleging shareholder losses stemming from inadequate disclosure. The stock has been volatile as investors weigh evidence for a recovery in its China sales against legal woes. Auckland International Airport was the top percentage gainer, up 2.7% and 4.5% higher for the week as more countries move toward reviving travel and tourism. The index gained 0.6% for the week after two consecutive weekly losses. (stephen.wright@wsj.com)

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