Summerset Group Holdings rose 2.1 per cent to $5.34. The Wellington-based retirement village developer and operator lifted full-year earnings guidance on strong resales volumes and margins as well as good margins on new occupation right sales.
It expects underlying profit to be in a range of $77m to $79m in calendar 2017, versus prior guidance of $72m to $75m, it said in a statement.
That represents an increase on the previous year's underlying profit of between 36 per cent and 40 per cent, it said.
"That's a pretty helpful upgrade, really highlighting that there is some resilience in the broader New Zealand economy," Solly said.
A2 Milk rose 2.3 per cent to $8.15.
"It has really been recovering from the transitional activity around the movement from the ASX 200 index to ASX 100 index late last week," Solly said. "It fell late last week when it was removed from the ASX 200 index, which tends to have quite a broad following."
Fletcher Building gained 1.6 per cent to $7.72.
"It's had quite a strong recovery from its recent low of $6.73 back at the end of November. There's anticipation of recovery from the new management team," Solly said.
Tourism Holdings was the worst performer, down 1.9 per cent to $5.30. Z Energy dropped 1.4 per cent to $7.93 and Auckland International Airport fell 1.3 per cent to $6.61.
Outside the benchmark index, ikeGPS shares jumped 19 per cent to 37c after the company announced a $200,000 contract with Canada's largest communications company and said it might exceed previous sales guidance.
The contract with Bell Canada involves the laser measurement toolmaker's Ike 4 device, which is the biggest contributor to FY18 financial targets for revenue growth and progress to breaking even on a cash basis. Revenue from the first phase deployment of the system will be about $200,000, it said.
NZME was unchanged at 87c. The High Court has rejected NZME and Fairfax New Zealand's attempt to overturn a Commerce Commission ruling against a proposed merger of the country's dominant newspaper publishers and upheld the regulator's right to rely on the shrinking number of voices in the market.