NZ's Hallenstein Glasson hits over 10-mth low on 'uncertain' H2 outlook

Hallenstein Glasson Holdings

12/12/2018 24:09

** Shares of Hallenstein Glasson Holdings Ltd  HLG.NZ  fall
as much as 6.9 pct to NZ$4.05, their lowest since Feb 12
    ** Clothing retailer says H2 outlook remains uncertain as
increasing costs, lower NZ and Australian dollars put pressure
on trading margins  urn:newsml:reuters.com:*:nFWN1YG13A
    ** Stock heads for an eighth straight session of falls after
co said last week that it was not possible to "reliably
forecast" total summer season trading result  urn:newsml:reuters.com:*:nNZSrpma
    ** Over 47,300 shares change hands, compared with 30-day
average volume of 48,600 
    ** Stock second biggest pct loser on S&P NZX All Capital
index  .NZCI 
    ** Stock had risen 10.1 pct this year, as of last close,
compared with 0.2 pct decline in S&P NZX All Capital index
 .NZCI 

 ((Reuters Messaging:
Devika.Syamnath.thomsonreuters.com@reuters.net))