The NZX 50 rose 120 points, or 0.9%, to close at a record high of 13,786 on Thursday, recovering from a decline in the previous session, mainly buoyed by gains in financials, industrials, and healthcare.
Fresh data boosted sentiment, as New Zealand's manufacturing sector recorded its strongest growth since July 2021 despite facing high fuel prices.
However, traders continued to assess Wednesday's RBNZ decision to raise interest rates by 25 bps and signal further tightening ahead to bring inflation back to target.
They also studied the minutes of the Fed's meeting, which showed policymakers were divided on the future path of interest rates.
Rising oil prices also capped gains, as inflation concerns raised expectations of further interest rate hikes.
Fletcher Building surged 5.6%, Infratil jumped 3.1%, Ebos Group rose 1.8%, and Fisher & Paykel gained 1.2%.
For the week, the index rose 1.2%, marking its 2nd straight weekly advance.
The market will be closed on Friday for a local holiday.