New Zealand shares gained today, led by Synlait Milk and Restaurant Brands, each on record highs.
Meanwhile, A2 Milk was the worst performer as investors took profits from the stock's meteoric gains.
The S&P/NZX50 index gained 16.78 points, or 0.2 per cent, to 7930.4. Within the index, 29 stocks rose, 12 fell and nine were unchanged. Turnover was $227 million.
Synlait Milk was the best performer for the second day in a row, up 6.1 per cent to a record $6.63.
On Thursday, Synlait announced it had received manufacturer registration for A2 Milk's Chinese label infant formula, meaning the products will continue to have market access in 2018 when China tightens its regulations.