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NZ shares decline as A2 Milk pulls back

Dan Brunskill
Mon, 21 Jun 2021

Dan Brunskill
Mon, 21 Jun 2021

A2 Milk fell 3.7% to $6.50 after jumping more than 6% on Friday. (Image: supplied)

New Zealand shares declined as A2 Milk and Pushpay gave back much of the gains they won when the S&P and FTSE Russell indices were rebalanced on Friday.The S&P/NZX 50 Index fell 52.57 points, or 0.4%, to 12,499.36. Within the index, 30 stocks fell, 18 rose and two were unchanged. Turnover was $161 million.A2 Milk fell 3.7% to $6.50 after jumping more than 6% on Friday, and Pushpay Holdings declined 3.3% to $1.76 – after ending last week with a 4% surge. Internet infrastructure firm Chorus fell 3.6% to an 18-month low $6.09. T...

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