The benchmark NZX 50 index pulled back earlier losses on Thursday, falling 7 points or 0.2% to close at 31.96 on turnover of $74 million.
Fletcher Building was down 6 cents to $8.22, Telecom up 4 cents to $2.59, and Contact Energy down 1 cent to $6.22.
Sky City Entertainment lost 2 cents to $3.40
Auckland International Airport was down 1 cent to $1.97 as it reiterated it expects to make between $93 million and $100 million in the current financial year
Air New Zealand was down 4 cents to $1.30, while Fisher & Paykel Healthcare was up 10 cents to $3.10.
Freightways went down 15 cents to $3.00 as its quarterly profits rose 2% to $7m as revenue fell but debt costs also fell.
New Zealand Oil and Gas was down 4 cents to $1.69 and Pike River Coal down 3 cents to $1.09.
The Warehouse was down 11 cents to $4.44.
ANZ National Bank rose 25 cents to $28.75 as its full year profit fell 80% to $194m.
Across the Tasman, the Australian 200 index was down 114 points, or 2.4%, to 45.71 mid-afternoon.
In currency markets, the NZ dollar has fallen across the board and was at 71.69 US cents, 79.92 Australian, 43.77 pence, 64.71 yen, and 0.4866 euro shortly after 5pm. The TWI was 64.74.
