The New Zealand sharemarket was down on Thursday, with the NZX 50 index falling 14 points to close at 3474 on turnover of $94 million.
Among the major share movements, Fletcher Building gained 1 cent to $6.21, Telecom was up 4 cents at $2.53, Chorus shed 7 cents to end the day at $3.36, and Contact Energy was down 3 cents at $4.75.
SkyCity Entertainment lost 6 cents to close at $3.79 and Sky Television was down 3 cents at $5.22.
Mainfreight closed down 11 cents at $9.37, Refining NZ closed 5 cents lower at $2.75, OceanaGold lost 9 cents to close at $2.96, Xero 9 cents to $3.80, and Vector 8 cents to $2.66. Kathmandu ended 4 cents down at $1.60.
A2 Corporation was unchanged at 51 cents after striking a deal with Synlait Milk to process its milk and turn it into powders for the Asian market.
Sanford gained 20 cents to $4.20, Ebos Group was up 10 cents to $7.60, Trustpower gained 6 cents to close at $7.24, Jason Travel was up 6 cents to 20 cents and Ecoya ended Thursday up 4 cents to $1.12.
On the currency markets, at 5.20pm the New Zealand dollar was buying 81.05 US, 79.48 Australian, 51.75 pence, 66.07 yen and 0.6290 euro.
The trade-weighted index stood at 73.29.
