MARKET CLOSE NZ share fall, led by Nuplex on charges for plant closures

Mon, 24 Sep 2012

Sept. 24 (BusinessDesk) - New Zealand shares fell, led by Nuplex Industries, after the specialty chemicals maker said charges to consolidate its operations would dent 2013 profit. Hallenstein Glasson Holdings led a rally in retailers. The NZX 50 Index fell 0.42 points, or 0.01 percent, to 3809.15. Within the index, 27 shares rose, 13 fell and 10 were unchanged. Turnover was $99.2 million. Nuplex Industries fell 6.6 percent to $2.97 after the company said it would close four plants in Australia and New Zealand in the next two years as the tra...

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