New Zealand shares were higher on Monday, as consumer staples and utilities posted their biggest gains since Sept. 28, just after the general election was held.
The benchmark S&P/NZX 50 index rose 0.5 per cent, or 38.01 points, to 8,123, reports Reuters.
Dairy major A2 Milk drove the index’s gains, rising as much as 2.7 per cent to a record high.
Up to Friday’s close, the stock has more than tripled its price in the year to date.