NZ shares fall ahead of ‘all-important’ inflation data

Dan Brunskill
Thu, 10 Jun 2021

Dan Brunskill
Thu, 10 Jun 2021
New Zealand’s benchmark index slid almost 50 points with investors focused on macro-economic conditions and the risk of runaway inflation.  The S&P/NZX 50 Index fell 48.49 points, or 0.4%, to 12,518.01. Within the index, 32 stocks fell, 16 rose and two were unchanged. Turnover was $278 million. Vista Group International led the market lower, falling 3.4% to $2.25 after jumping 5% yesterday on light volume. Other significant decliners were A2 Milk which fell 2.9% at $5.97, Mainfreight which shed 2.3% to $75.30, and Merid...

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