The benchmark NZX50 index closed down 3 points on Tuesday to 3009.
Across the Tasman, the Australian 200 index is down 25 points to 4385.
In currency markets, the NZ dollar is at 71.10 US, 81.45 Australian, 47.39 pence, 63.27 yen, point 5647 euro, and the Trade Weighted Index stands at 67.69.
Fletcher Building is down 1 cent to $7.70, Telecom is up 1c to $1.96, and Contact Energy is down 2c to $5.80.
Sky City Entertainment is up 4c to $2.95, and Sky Network Television rose 3c to $4.79.
NZX was down 3c to $1.37.
Diligent Board Member Services was up 1c to 64c after making sales worth $US1.92 million in the three months to June - up 66% on the second quarter of 2009.