The New Zealand sharemarket traded flat during a quieter day, but Fonterra Shareholders Fund broke through the $6 mark for the first time in seven years on the back of a buoyant dairy sector.

Blue-chip stocks were back in favour as the New Zealand sharemarket, looking a little undervalued, closed the week with a broad-based rally of nearly 0.5%.

The New Zealand sharemarket has now fallen in six of the last seven trading days but it may be heartened by upcoming news that the country has come out of a recession.

The New Zealand sharemarket reached its lowest level in nine months, with another 0.7% fall, following a month-long rout on Wall Street.

Leading telco Spark continued its slide, with a2 Milk hitting a four-year high, Smartpay having two takeover bids, and the New Zealand sharemarket starting the new week with a 0.8% fall.

Global marketer a2 Milk surged more than 7% on new China family policy, while the New Zealand sharemarket finished a volatile week with a strong bounce.

Retirement village operator Ryman Healthcare completed its $1 billion capital raise as the New Zealand sharemarket steadied the ship with a small loss.

Leading retailer Briscoe Group produced another solid annual result, but it couldn’t stop the New Zealand sharemarket falling more than 1% on the continued sell-down in the United States.

New Zealand's share prices ended lower following turmoil on Wall Street and its bearish effect on other markets.

New Zealand stocks ended firmly after a late surge of buying, the benchmark S&P/NZX50 index getting a boost from big gains in the dairy sector and a bounce in Fisher and Paykel Healthcare.

The New Zealand sharemarket was flat on Friday as the reporting season ended, with the market now beholden to ongoing international impacts.

The New Zealand sharemarket's benchmark index fell for its third consecutive day as signals from across the Pacific show the trade war between the United States and its largest trading partners is heating up.

The New Zealand sharemarket fell on Tuesday, with shares in Fisher & Paykel Healthcare and Infratil dragged down by the threat of United States tariffs on Canada and Mexico, which will come into effect Wednesday.

Well-established carpet maker Bremworth is at the centre of an attempted board coup and The Warehouse continues to struggle as a cautious New Zealand sharemarket posted a near 0.5% fall.

Cancer diagnostics company Pacific Edge soared more than 100% after improving its standing in the United States, and the New Zealand sharemarket gained nearly 0.5% on a busy day.

Cyclical stocks continued to recover on the back of an improving economy as the New Zealand sharemarket posted a further 0.7% gain.