MARKET CLOSE: NZ shares fall on China, Greece fears; Kathmandu, Warehouse, Restaurant Brands drop

Thu, 09 Jul 2015

By Suze Metherell July 9 (BusinessDesk) - New Zealand shares fell as global uncertainty over China's financial markets and Greece's debt crisis spooked investors. Kathmandu Holdings, Warehouse Group and Restaurant Brands declined in a broad-based selloff. The S&P/NZX 50 Index fell 30.25 points, or 0.5 percent, to 5737.45, recovering from a 1.4 percent intraday drop. Within the index, 35 stocks fell, nine rose and six were unchanged. Turnover was $206 million. The benchmark index climbed out of its morning slump after Asian markets op...

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