New Zealand shares rose as stocks that have been beaten up in recent months - such as Pushpay Holdings and Fletcher Building - attracted interest from investors seeking bargains in a market trading at high valuations.

The S&P/NZX 50 Index fell back below 10,000 after becoming the most expensive across Asia based on forward-looking metrics. Blue-chip stocks including Spark New Zealand, Goodman Property Trust and Ryman Healthcare were among those sold down today.

New Zealand shares extended their gains on the back of improved sentiment in the US. Exporters including Fisher & Paykel Healthcare and A2 Milk benefited from a weaker kiwi dollar.

The S&P/NZX 50 Index broke through the 10,000 level for the first time today, and has climbed about 284 during the past 10 years.

New Zealand shares drifted off their high heading into the Easter holiday, but still managed a 1.8 percent gain this week as weak inflation spurred on expectations for an interest rate cut, making companies paying reliable dividends a bit more attractive.

New Zealand shares hit a new record as retirement village operators including Summerset Group and Metlifecare rallied on the government's decision to ditch a capital gains tax.

New Zealand shares rose for a fourth day as exporters including Kathmandu Holdings and A2 Milk helped drive the market higher amid growing optimism over US-China trade talks.

New Zealand shares followed Wall Street higher as better than expected US company earnings buoyed investor confidence. Local growth stocks, including A2 Milk and Fisher & Paykel Healthcare, gained.

New Zealand shares edged higher as retirement stocks Summerset Group and Metlifecare continued to recover from a sharp selloff. Air New Zealand and Tourism Holdings fell in the wake of weaker tourism numbers.

New Zealand shares snapped a six-day decline, with retirement stocks clawing back some of their recent losses since Summerset Group's observation that a slowing property market had dented unit sales.

New Zealand shares fell as the attraction of yield stocks lost their lustre now most have shed rights to dividends. Retirement village operators such as Metlifecare and Ryman Healthcare extended their decline.

New Zealand shares fell for a fifth session as retirement village operators Summerset Group and Metlifecare suffered amid fears a slowing property market will dent their fortunes.

New Zealand shares fell for a fourth day as the threat of a slowing property market was seen weighing on retirement sector stocks such as Summerset Group and Metlifecare.

New Zealand shares fell, led lower by Summerset Group, after the retirement village operator and developer cited a slowing property market in reporting weak sales. Rivals Ryman Healthcare and Metlifecare suffered accordingly.

New Zealand shares fell for a second day as investors pared back their exposure to the equity market after the threat of lower interest rates spurred on demand for companies paying reliable dividends. Defensive stocks including Contact Energy, Mercury NZ and Infratil fell.

New Zealand shares slipped from a record, with Spark New Zealand falling after managing director Simon Moutter signalled his exit from the country's biggest telecommunications company.