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29Oct92 UK: GONE BROKE - BUILDING TEAM AT STOCKBROKERS NOMURA DISBANDED.

Diminished levels of trading in construction shares claimed two more victims last week when the building team at Japanese stockbroker Nomura was disbanded.Andrew Melrose and Graham Foster, who are ranked eighth in building materials in the current Extel survey of analysts and ninth in contracting, were laid off with 48 colleagues as the Japanese group abandoned various lower market capitalisation sectors. The contracting sector, whose entire value is now worth less than Guinness, was ...

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