NZX 50 rises to 2-month high

A REBOUND in dairy prices, rising house prices and a low dollar has propelled the S&P/NZX 50 Index to its highest in more than two months

NEW Zealand shares rose, pushing the S&P/NZX 50 Index to its highest in more than two months, as the rebound in dairy prices, relatively low kiwi dollar and rising house prices lifted sentiment for the economic outlook.

HEARTLAND New Zealand, Fonterra Shareholders' Fund and Summerset Group gained.