New Zealand shares were muted with a positive bias on Thursday as equities struggled for traction, while Asian peers traded mixed.
The S&P/NZX 50 Index was little changed at 12,692.94.
Finance stocks were up 2% on Thursday, while consumer durables and technology services equities gained 1.2% and 1%, respectively.
In domestic news, food prices in New Zealand rose 1.2% year on year in October, matching the same pace of growth in September, Stats NZ data showed. Housing rentals increased 4.2%.
The nationwide REINZ House Price Index was up 0.5% month on month in October following a 0.3% rise in September, according to Wednesday data from the Real Estate Institute of New Zealand.
In corporate news, Infratil (NZE:IFT) reported a loss of NZ$0.255 per share for the six months ended Sept. 30, compared with earnings of NZ$1.383 per share a year ago. The company's shares ended Thursday trading up 1%.
Elsewhere, Rua Bioscience (NZE:RUA) advised the opening of its NZ$3.1 million, three-for-four pro-rata renounceable rights offer on Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.