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The New Zealand sharemarket had a down day following the Easter break.
The local index finished lower after five consecutive days of heady rises.
But the New Zealand sharemarket had a welcome rise of more than half a per cent.
The New Zealand sharemarket fell for the sixth successive trading day.
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The local index had its fourth down day in a row.
Trading is expected to pick up as the most popular time for holidays comes to an end.
Shares follow US markets and Australia and head higher.
But a big test comes tomorrow with the Treasury’s half-year economic and fiscal update.
The S&P/NZX 50 bounced up and down for much of the day, ultimately finishing higher.
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New Zealand stocks lose some of Monday's gains, driven by weaker banking stocks.
Nasdaq falls 2.5 per cent - close to its worst drop of the year.
New Zealand stocks remained boxed in by high interest rates and modest earnings growth.
The S&P/NZX50 index was at 11,135.58, down 85.90 points or 0.77 per cent.
The S&P/NZX 50 Index edged up 0.06 per cent.
The S&P/NZX 50 Index rose 13.1 points, or 0.12 per cent.
International funds coming in helped propel the local market.
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