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Shares fall as yield appeal dims

 New Zealand shares fell as the attraction of yield stocks lost their lustre now most have shed rights to dividends. Retirement village operators such as Metlifecare and Ryman Healthcare extended their decline

The S&P/NZX 50 index dropped for a sixth session, down 79.34 points, or 0.8 percent, at 9,707.96. Within the index, 31 stocks fell, 14 gained, and five were unchanged. Turnover was

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