a2 Milk shares push NZX 50 higher

The S&P/NZX 50 Index rose 14 points, or 0.1%, to 12,156.34. Turnover was $131 million.

NZ shares were expected to fall today with investors still focused on what appeared to be a growing threat of a Russian invasion of Ukraine over the weekend.

US President Joe Biden said he was convinced Russian President Vladimir Putin had decided to invade Ukraine and other officials suggested it might be in “the coming days”.

Since then, some diplomatic process has been made. The US president has agreed to meet with his Russian counterpart in France, although no firm plans have been made.