The New Zealand sharemarket was down 15 points, or 0.49%, to 3194 at the close of trade on Wednesday on turnover of $35 million.
Fletcher Building fell 11 cents to $8.07 per share, Contact Energy was down 8c to $5.90 and Telecom was unchanged at $2.44.
Fisher & Paykel Appliances was down 1c to 60c, while Fisher & Paykel Healthcare gained 3c to $3.37.
Sky City Entertainment was up 2c to $3.39. Sky TV was 6c lower at $4.92.
Auckland International Airport has been placed in a trading halt until next week after announcing it is raising $126 million through a share offer. On Tuesday, it closed at $1.92 per share.