The New Zealand and Australian markets were up on Monday morning.
By 1.05pm, the NZX 50 index was up 15 points, or 0.4%, on turnover of $46 million. The Australian 200 index was up 9 points at 4,335.
The New Zealand dollar was trading at 81.08 US cents, 78.24 Australian cents, 50.68 pence, 63.42 yen and 0.6341 Euro. The Trade Weighted Index was at 72.38.
Fisher & Paykel Appliances was up 20 cents to 95.5 cents after announcing that 20% shareholder Haier is considering a takeover offer.
Fletcher Building was up 6 cents to $6.56, Chorus up 2 cents at $3.49 and Telecom was down 2 cents at $2.46.
Vector was down 2 cents at $2.76, Nuplex up 6 cents at $3.05 and Cavalier up 4 cents at $1.79.
Freightways was up 1 cent at $4.11 and Heartland up 3 cents to 60 cents.
Ryman was down 1 cent at $3.95, Sky TV down 3 cents at $5.07, Tower down 1 cent at $1.79 and The Warehouse was down 1 cent at $2.84.
Argosy Property Trust was down 1 cent at 88 cents.
