MARKET CLOSE NZ shares fall; Ebos ex-rights, Warehouse, retailers drop

Wed, 12 Jun 2013

June 12 (BusinessDesk) – New Zealand shares fell, as Ebos Group went ex the rights to buy shares in its offer, Warehouse Group led most retailers lower and a brokerage reportedly removed Trade Me from its favoured portfolio. The NZX 50 Index fell 21.454 points, or 0.5 percent, to 4442.123. Within the index, 34 stocks fell, nine rose and seven were unchanged. Turnover was $99 million. Ebos Group, the medical, drugs and pet products distributor, fell 9.4 percent to $9.43. The shares trade today ex-entitlements to the company’s $149 million, 7-...

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