The sharemarket edged down during Wednesday morning trading.
The benchmark NZX 50 index was down 6 points, or 0.2%, to 3161 on turnover of $25 million at 12.25pm
Fletcher Building was down 10 cents to $7.94 after saying full year profits are expected to be within analysts expectations of $261 million to $340 million.
Telecom was up 2 cents to $2.51 and Contact Energy was unchanged at $6.17
Sky City Entertainment Group fell 1 cent to $3.36.
The Warehouse was down 4 cents at $4.26.
Infratil rose 2 cents to $1.55 after selling its near 4% stake in Auckland International Airport on Tuesday.
Auckland Airport was unchanged at $1.87
Nuplex fell 4 cents to $2.59
In currency markets, the NZ dollar is at 74.23 US cents, 79.78 Australian, 44.32 pence, 66.57 yen, 0.4949 euro. The TWI was at 66.01.
Across the Tasman, the Australian 200 index was up 23 points, or 0.5% to 4757 in early trading.
US market flat
On Wall Street, US stocks ended the session on Tuesday little changed.
The Dow Jones industrial average gained 20.03 points, or 0.20%, to end at 10,246.97.
The Standard & Poor's 500 Index lost 0.07 of a point, or 0.01%, to 1,093.01.
The Nasdaq Composite Index fell 2.98 points, or 0.14%, to close at 2,151.08.
