The sharemarket firmed today after it plunged 2.2 percent yesterday to a fresh three-year low.
On Wall Street, shares closed mixed today after a key labour market report showed a drop in US payrolls but was not as bad as some investors had feared.
With trading thin ahead of the holiday, the market reacted to news that US employers shed 62,000 non-farm jobs and the unemployment rate held steady last month at 5.5 percent, roughly in line with forecasts.
The Dow Jones Industrial Average advanced 73.03 points or 0.65 percent to end at 11,288.54 as markets closed early ahead of the Independence Day holiday.
The tech-heavy Nasdaq Composite, however, fell 6.08 points or 0.27 percent to 2245.38 and the Standard & Poor's 500 Index increased a scant 11.38 points or 0.11 percent to 1262.90.
Here, the NZSX-50 benchmark index, which yesterday plunged 69 points, was up 15 points to 3110 at 11.15am.
The NZX-All capital index, which unlike the NZSX-50 gross index does not accumulate dividend payouts, was yesterday down at its lowest level in nearly five years.
Lead stock Telecom opened 2c lower at a new 15-year low but later pulled up to square on 328.
Second-ranked Contact Energy was up 4c to 775, and third-ranked Fletcher Building was up 14to 635.
NZ Oil and Gas, which fell heavily yesterday due to sharp fall in associate Pike River Coal, was today up 5c 174.
Others to rise in the top 50 included Sky City, up 9c to 310, The Warehouse, up 13c to 390 and Fisher & Paykel Healthcare, up 7c to 232.
On the downside, Ebos was off 10c to 410, Air NZ 2c to 110, and Steel & Tube 5c to 245.