A2 Milk shares at risk if it loses MSCI spot

Tue, 11 May 2021

A2 Milk, which dropped 12.8% to $6.62 yesterday, could be in for an even rougher ride if it falls out of the MSCI New Zealand index. The MSCI NZ Index is designed to measure the performance of the large and mid-cap segments of the local stock market. It covers approximately 85% of the free float-adjusted market capitalisation in NZ.It currently includes Fisher & Paykel Healthcare, Auckland International Airport, Spark NZ, Meridian Energy, A2 Milk, Ryman Healthcare, and Mercury NZ, according to the latest data from MSCI.However,...

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