The New Zealand stock market was up on Wednesday morning.
At 12.46pm, the NZX 50 index was up 21 points, or 0.6% to 3509 on turnover of $60 million.
Across the Tasman, the Australian 200 index is down 2 points at 4583
The New Zealand dollar was trading at 81.65 US cents, 76.48 Australian cents, 49.91 pence, 65.8 yen and 0.5661 euro. The Trade Weighted Index was at 70.29.
Fletcher Building was up 8 cents to $8.74, Contact Energy was down 2c at $5.79 and Telecom was up 3.5c at $2.41.
Pumpkin Patch was down 7c to $1.03 after issuing a profit warning and announcing plans to close its stores in the United States.
PGG Wrightson was up 1c to 52c after selling its finance arm for $100 million on Tuesday.
Sky City Entertainment was up 6c at $3.68 after being named the preferred bidder for a national convention centre in Auckland.
Air New Zealand was up 1c at $1.09 and Auckland International Airport Ltd was up 1c to $2.23.
Fisher & Paykel Healthcare was up 2c at $2.96 and Fisher & Paykel Appliances was unchanged at 63c.
New Zealand Oil & Gas was up 2c to 90c.