The New Zealand share market rose today on light volumes.

The NZX50 index was up 0.30 per cent or 11.70 points to 3820.86. Within the index, 27 stocks rose, 13 fell and ten were unchanged.

BT Funds Management portfolio manager Matthew Goodson said the New Zealand bourse had a fairly quiet trading day.

"One of the things apparent is that a couple of ex-dividend stocks including Sky City, up 1.3 per cent to $3.93, are up on reasonable volume. Other than that there weren't a lot of major highlights, we were thin on volume," Goodson said.

OceanaGold rose 2.1 per cent to $3.86 and would-be bank Heartland was up 1.5 per cent to 66c. Telecom rose 1.5 per cent to $2.38.

Infratil rose 1.4 per cent to $2.14 after quashing rumours it could put in a bid for another UK airport. New Zealand Oil and Gas was up 1.2 per cent to 83c. DNZ Property Fund was up 0.9 per cent to $1.61.

Markets operator NZX Limited rose 0.9 per cent to $1.13. Telstra Corp rose 0.8 per cent to $4.91. Auckland electricity and gas supplier Vector rose 0.7 per cent to $2.85. Insurer Tower was up 0.6 per cent to $1.73.

Carpet maker Cavalier led decliners with a 3.8 per cent fall to $2.04. Ebos Group was down 3 per cent to $8.15. Australian wealth manager AMP fell 1.6 per cent to $5.51.

Xero was down 1.6 per cent to $4.97. Australian food ingredient maker Goodman Fielder fell 1.5 per cent to 65c. Contact Energy was down 1 per cent to $5.18. Port of Tauranga fell 0.9 per cent to $12.71.

Jewellery retailer Michael Hill International was down 0.8 per cent to $1.19. Ryman Healthcare fell 0.5 per cent to $4.05. New Zealand Refining fell 0.4 per cent to $2.72.

- © Fairfax NZ News