MARKET CLOSE: NZ shares mixed; Kathmandu drops, Spark, Genesis gain

Thu, 10 Sep 2015

By Suze Metherell Sept. 10 (BusinessDesk) - New Zealand shares were mixed, as the Reserve Bank's cut to interest rates supported yield-bearing stocks amid further global market volatility. Kathmandu Holdings dropped, as Spark New Zealand and Genesis Energy gained The S&P/NZX 50 Index fell 0.44 points, or 0.01 percent, to 5670.98. Within the index, 18 stocks rose, 24 fell and eight were unchanged. Turnover was $191 million. New Zealand's benchmark index held up despite offshore pressure, with Japan's Nikkei 225 Index down 3.5 percent,...

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