MARKET CLOSE: NZ shares fall on Nuplex profit warning, rising NZOG exploration costs

MARKET CLOSE: NZ shares fall on Nuplex profit warning, rising NZOG exploration costs
By Suze Metherell June 10 (BusinessDesk) -  New Zealand shares fell. Nuplex Industries dropped to a nine-month low after cutting its full-year earnings guidance. New Zealand Oil & Gas declined after it said costs for its offshore explorations in the Taranaki Basin had climbed to US$40 million from US$27 million.  The NZX 50 Index fell 7.946 points, or 0.2 percent, to 5179.403. Within the index, 25 shares fell, 18 rose and seven were unchanged. Turnover was $81.6 million. Trading on the NZX was halted for 20 minutes this morning, owing to...