The NZ sharemarket lifted today as Fletcher Building announced it had received inquiries from parties interested in buying its businesses.
The S&P/NZX 50 Index closed up 0.33% or 41.51 points, rising to 12,605.93, with 39,702,689 shares changing hands to the value of $139.77 million.
Milford Asset Management's Sam Trethewey explains further.
LISTEN ABOVE

Thomas Coughlan: NZ Herald political editor on Labour mulling over financial policy
03:33

Dan Mitchinson: US correspondent on the current death toll from the conflict in Iran
04:15

D'Arcy Waldegrave: Sportstalk host on Dave Rennie being chosen as the new All Blacks head coach
04:08