MetroGlass to join NZX 50, OceanaGold out

Wed, 10 Dec 2014

By Paul McBeth Dec. 11 (BusinessDesk) - Metro Performance Glass, which has more than half the country's glass processing market, will join the stock market's benchmark index later this month, replacing gold miner OceanaGold Corp. Auckland-based MetroGlass, which listed on the NZX in July, will join the NZX 50 Index on Dec. 22, the NZX said in a statement. OceanaGold, which is also listed in Australia and Canada, will leave the benchmark after index after failing to meet liquidity criteria in two consecutive quarterly reviews. Joining t...

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