The New Zealand share market pulled back some of Tuesday's losses after a rebound on Wall Street, with the benchmark NZX 50 index finishing up 12 points, or 0.5%, on Wednesday to end at 2500 on turnover of $65 million.
Bargain-hunters who emerged after six consecutive days of losses helped to push the Dow Jones index up 3% overnight.
Telecom was up 7 cents to $2.45, Contact Energy was up 5c to $5.85 and Fletcher Building was up 2c to $5.47.
New Zealand Oil & Gas was up 2c to $1.22 after reporting a 30% rise in half-year profits to $54 million.
Port of Tauranga was up 11c to $5.26 after a 10% rise in half-year profit to $22.5 million.
Goodman Fielder was down 14c to $1.65 after a 22% fall in profit to $A73.9 million in the six months to December.
Turners and Growers was unchanged at $1.25 after a flat full-year profit of $14.1 million.
Pumpkin Patch was up 8c to $1.03 after Tuesday's lower half-year profit.
The dollar is buying 51.20 US cents, 78.94 Australian cents, 35.28 pence, 49.62 pence and 0.3995 euro. The Trade Weighted Index was 52.34.
Across the Tasman, the Australian share market closed at a fresh five-year low after trading higher for most of the day following the Wall Street rally overnight.
The S&P/ASX200 index was down 4.1 points, or 0.12%, to 3327.5 - its lowest close since February 2004.
The All Ordinaries index lost 3.5 points, or 0.11%, to 3281.5 - also its lowest close since February 2004.
On the Sydney Futures Exchange, the March share price index futures contract was down two points to 3313 on a volume of 24,405 contracts.
