New Zealand shares rose on Friday, the benchmark Top 50 Index gaining 23 points to 5,151
Harbour Asset Management portfolio manager Shane Solly says positive news, such as solid profit results, is supporting the market.
Metlifecare shares rose 22 cents, or more than 5 percent, to $4.40 after the company lifted its profit guidance for the 2014 full year to $43-$46 million from between $34-$38 million previously.
Fisher & Paykel Healthcare shares climbed 6 cents to $4.23 after reporting a 26 percent rise in annual profit to a record.
Intueri shares began trading at $2.63, compared with their float price of $2.35, and finished the day at $2.60.
Abano Healthcare announced the special meeting requisitioned by its disaffected major shareholder, Peter Hutson, to vote on removing the chairman, Trevor Janes, will be held on 13 June.
Also on Friday, Mr Hutson and his fellow dissident shareholder, James Reeves, challenged the company to hold public debates, as well as the meeting, with the Shareholders Association, which has publicly supported Mr Janes remaining as chairman, attending.
Abano shares fell 3 cents to $7.
The New Zealand dollar was little changed against the currencies of all the country's major trading partners on Friday.
Shortly after 5pm, the kiwi was trading at 85.63 US cents, 92.67 Australian cents, 50.73 British pence, 0.6273 euro, 87.12 yen and 5.34 renminbi.
