MARKET CLOSE: NZ shares dip, Air NZ, NZ Refining fall, Kathmandu surges

Mon, 25 Jun 2018

By Sophie Boot June 25 (BusinessDesk) - New Zealand shares fell, led by Air New Zealand and NZ Refining while Kathmandu Holdings surged to a three-and-a-half-year high. The S&P/NZX 50 Index fell 3.13 points, or 0.04 percent, to 8,996.24. Within the index, 20 stocks rose, 20 fell and ten were unchanged. Turnover was $92 million. Kathmandu Holdings was the best performer, up 12 percent to $2.80, the highest it has closed since December 2014. The shares traded as high as $2.88 during the day after the outdoor equipment retailer said it ex...

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