New Zealand tech stocks continued to soar today.
Cloud accounting software company Xero touched a new high of $29.30 - giving it a market capitalisation of $3.7 billion.
The company, led by Rod Drury, has attracted the attention of US tech investors and risen more than 60 percent this month and more than 430 per cent in the last 12 months.
Meanwhile Pacific Edge share prices more than doubled in 24 hours, reaching a record $1.75 earleir today morning, a 60.4 per cent rise from their closing price last night of $1.06.
They had eased back to $1.60 by 12.45pm.