New Zealand, posting a solid half of a per cent gain, joined other regional sharemarkets in bouncing back as tension between Iran and Israel appeared to.
An unsettled New Zealand sharemarket had a late surge after being dragged down by rising wholesale interest rates and hotter-than-expected United States.
Debt-ridden Synlait fell a further 9 per cent and this time dragged its major customer a2 Milk down as the New Zealand sharemarket had another day of mixed.
Two small cap stocks, Savor Group and NZ King Salmon Investments, staged strong earnings turnarounds but the New Zealand sharemarket remained stuck in.
Retailer Briscoe Group delivered the goods again and the latest United States data rekindled investor sentiment, but the New Zealand sharemarket remained.