Despite worries about the state of US banks; modest gains were posted by the New Zealand share market.
Since the Australian market turned negative and future prices hinted a fall in the US market when it opens, the benchmark NZX-50 index closed up 12.309 points or 0.437 percent at 2831.36.
Today, the turnover was worth $94 million of which $28.7m was in Telecom shares. Among the 116 stocks traded, there were 44 rises and 30 falls.
Among the best performers of the leaders, Telecom came up rising 5c to 283.