New Zealand shares tick up

New Zealand shares ticked up on Friday, helped by a rise in materials and industrials.

The benchmark S&P/NZX 50 index rose 0.1 per cent or 5.39 points to 8,389.260, on track to add 1.0 per cent on a weekly basis, reports Reuters.

Fletcher Building Ltd, the country’s biggest construction company, firmed 1.3 per cent to a 15-week high, while Air New Zealand Ltd climbed 2.0 per cent.