A2 Milk leads sharemarket decline

Tue, 01 Dec 2020

A2 Milk pulled the New Zealand share market down as diplomatic tensions between China and Australia ratcheted up, creating risks for the infant formula exporter. The S&P/NZX 50 Index fell 35.74 points, or 0.3 percent, to 12,732.78. Within the index, 23 stocks rose, 23 fell and four were unchanged. Turnover was $186.9 million.A2 Milk Company declined 3.6 percent to $14.21 today, after a late surge in the NZX trading session yesterday saw the stock close higher in New Zealand than across the Tasman.Australia’s tense relationship wi...

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