New Zealand’s sharemarket experienced gains exceeding 1% despite a day of volatility influenced by the MSCI index quarterly review. The S&P/NZX 50 Index concluded trading at 13,917.30, marking an increase of 149.12 points, equivalent to a 1.08% rise. This positive movement occurred largely in the afternoon trading session. Throughout the month, the index has climbed by 1.6%, demonstrating consistent growth. Over the past three months, the overall gains have reached 5.1%, showcasing a sustained upward trend. These figures suggest a strengthening of investor confidence in the New Zealand market.