New Zealand's sharemarket was led up by Mercury NZ as investors begin to adjust to the higher bond yields which have been dominating the market this year.

New Zealand shares generally edged higher today as the benchmark equity index approached the end of the first quarter down almost 5%.

Travel booking software company Serko broke through $7 per share while the broader market was supported by gains in renewable energy stocks.

The NZ sharemarket finished the week almost 1% weaker after a volatile Mercury NZ led another fall today.

Property stocks and new listings centre of attention.

New Zealand's main share index slipped as retirement stocks fell on the risk of lower house prices and Oceania Healthcare completing an $80 million capital raise.

Pushpay Holdings led New Zealand's share market higher after a new investor paid above market price to buy the Hulijch family’s stake in the church donation firm.

Volatile electricity stocks sent the New Zealand market falling, as investors grappled with an ongoing review of a clean energy index proposing to triple the number of stocks it contains.

New Zealand's main share index edged higher as volatile electricity stocks rallied from a recent decline with the S&P/NZX and FTSE Russell Index funds completing their quarterly rebalance in an extended trading session.

The kiwi dollar jumped more than half a cent after the US Federal Reserve held its policy settings, while the local equity market returned to its downward trend even though it seemed unfazed by weak GDP data.

New Zealand's main share index snapped a five-day rally and fell with the kiwi dollar and bond yields, as investors wait on the US Federal Reserve meeting on Wednesday night.

NZ benchmark equity index rose for the fifth consecutive day as it continues to climb out of correction territory.

NZ shares surged as infrastructure investor Infratil made good on its promise to demonstrate its portfolio was undervalued with the almost $3 billion sale of Tilt Renewables in which it held a majority stake.

New Zealand's benchmark share index surged as US President Joe Biden signed off a two trillion-dollar stimulus package which boosted global investor sentiment.

Travel stocks rallied after the Australian government announced a billion-dollar support package for airlines and signalled international travel would resume in October.

Most New Zealand shares rose as bond yields fell from an 18-month high giving equity markets some more room to run.