The New Zealand market was down 13 points, or 0.43%, to 3084 at the close of trade on Tuesday. Turnover was $119 million.
Telecom was down 6 cents per share to $2.69 and Fletcher Building slid 12c to $7.74.
Auckland Airport rose 3c to $1.76 while ANZ Bank Group soared 45c to $26.75.
In Australia, shares finished at a fresh 10-month closing high.
The ASX 200 was up 0.8% to 4,515 and the All Ordinaries wa 0.6% higher at 4,511, the ABC website reports.