The New Zealand share market fell 13 points, or 0.4%, to close at 3142 on Tuesday. Turnover was $64 million.
Telecom was down 2 cents to $2.61 per share, Fletcher Building rose 6c to $8.41, and Contact Energy fell 10c to $5.81.
Sky City Entertainment fell 5c to $3.13, Auckland International Airport was down 1c to $1.91, while Sky Network Television gained 6c to $4.58.
New Zealand Oil and Gas was 1c lower at $1.64.
Rakon is on a trading halt while its raises $65 million to build a plant in China and reduce debt. It last traded at $1.49 per share.