The New Zealand stock market was up on Monday morning, but the Australian market was down.
At 12.50pm, the NZX 50 index was up 5 points or 0.1%, to 3533 on turnover of $32 million.
Across the Tasman, the Australian 200 index was down 13 points, or 0.3%, at 4670 in early trading.
The New Zealand dollar was trading at 82.04 US cents, 76.71 Australian cents, 49.77 pence, 66.39 yen and 0.5741 euro. The Trade Weighted Index was at 70.79.
Fletcher Building was down 5 cents at $8.79 and Contact Energy was unchanged at $5.92.
Telecom was up 2.5c to $2.395 after striking a deal with Sky Television to resell its television services. Sky Television Network was up 5c at $5.67.
Sky City Entertainment Group was unchanged at $3.70.
Methven was up 2c at $1.43 after its full year profit fell by almost 40%, after losing its largest customer in Britain.
Hallenstein Glasson was down 20c to $3.95 after announcing it expects to match last year's profit decline of 16.5% for the full year
Fisher & Paykel Appliances was up 0.5c to 61.5c after it returned to profit. Fisher & Paykel Healthcare was up 0.5c to $2.99.
The Warehouse was up 2 cents at $3.62.