Technology services shares gained the most on New Zealand's Exchange, rising past 2% by midday Monday.

Eroad (ASX:ERD, NZE:ERD) gained past 4% in recent trade.

Meanwhile, the utilities sector fell almost 1%.

Meridian Energy (ASX:MEZ, NZE:MEL) was down 2% in recent trade.

The company on Monday said it's considering making an offer of up to $250 million, with the ability to accept oversubscriptions of up to an additional $50 million at its discretion, of 6.5-year unsecured, unsubordinated, fixed-rate green bonds to institutional and New Zealand retail investors.