The New Zealand share market has taken its lead from offshore and risen, with the NZX Top 50 Index closing up 13 points at 5076.
Harbour Asset Management managing director Andrew Bascand said the local borse had had a little bit of a bounce, taking the lead from offshore.
Xero shares fell 85 cents, or 3 percent, to $28.45, shares in Wynyard rose 9 cents, or 4 percent, to $2.33 and Pacific Edges shares closed up 6 cents, or 6 percent, at $1.07.
Opus International Consultants closed up 4 cents, to $1.92, after it told shareholders at its annual meeting the outlook for its business remained challenging but there were signs of improving economies and increasing opportunities.
New Zealand Refining stock fell 2 cents to $1.71 after the company extended the shutdown of its hydrocracker unit for a further 10 days because a key compressor failed.
Dollar quiet
Trading in the New Zealand dollar was quiet again on Tuesday.
Westpac market strategist Imre Speizer said the dollar had been locked inside a narrow trading range and it would need a major catalyst to break it out of it.
"Tonight and tomorrow we get three major events - tonight we get Fed chair Janet Yellen speaking, and it gives her a chance to clarify what she meant two weeks ago when she said they might start tightening six months after the tapering finishes," Mr Speizer said.
"That shocked the market then, so you may get clarification and a part-reverse response tonight, if she backtracks from that."
Also overnight would be the Global Dairy Trade auction, in which there had been a number of recent falls.
"If we get further falls, that could have the effect of pushing the Kiwi lower overnight," he said.
The third driver would be the release of Consumer Price Index inflation figures on Wednesday.
The kiwi has edged down against the US and Australian dollars since this time on Monday and just after 5pm was buying: 86.51 US cents, 92.15 Australian cents, 51.75 pence, 0.6260 euro, 88.11 yen and 5.37 renminbi.
