The NZX 50 index closed for the week down 14 points, or 0.5%, at 2784 on turnover of $105 million.
Of the major stocks, Telecom dropped a cent to $2.68, Fletcher Building rose 5c to $6.50 and Contact Energy fell 4c to $5.74.
Sky Television was up 4c to $4.35 and the Warehouse up 1c to $3.76.
In currency markets the NZ dollar was at 64.01 US cents, 79.64 Australian, 39.08 pence, 61.80 Yen and .4591 euro. The TWI stood at 60.62.
Australian market finishes week steady
The Australian sharemarket ended the week steady following gains in the financial and energy sectors.
At the close on Friday the benchmark S&P/ASX200 index was up 7.5 points, or 0.19%, at 3899.6, while the broader All Ordinaries index was up seven points, or 0.18%, at 3894.4.
The four major banks were all stronger. Commonwealth Bank rose 43c to $38.50, National Australia Bank 5c to $22.10, Westpac 20c to $20.11 and ANZ also 20c to $16.55.
In Tokyo. Japanese shares closed 0.85% higher, with the benchmark Nikkei-225 index rising 82.54 points to 9786.26. The broader Topix index of all first-section shares also gained 0.85%, or 7.76 points, to 918.97.
