The New Zealand stock market was up on Monday morning.
At 12:30pm, the NZX50 index is up 13 points, or 0.4% at 3409 on turnover of $33 million.
Across the Tasman, the Australian 200 index was up 46 points, or 1%, at 4471.
The New Zealand dollar is buying 88.2 US cents, 79.86 Australian cents, 53.64 pence, 68.42 yen and 0.613 euro. The Trade Weighted Index was at 75.02.
Fletcher Building was up 5 cents to $8.18, Contact Energy was down 3c at $5.15 and Telecom was up 4c at $2.665.
Sky City Entertainment Group was up 1c at $3.69, Sky Network TV was up 2c to $5.80 and Fisher & Paykel Healthcare was up 6c at $2.56.
The Warehouse was down 2c at $3.56, NZ Oil & Gas was unchanged at 68c and Vital Healthcare was down 1c at $1.15.
Pyne Gould Corporation was up 2 cents at 37 cents. Baker Street Capital, of California, has lifted its stake in PGC from 10.75% to 11.77%.