The benchmark NZX50 index fell 4 points, or 0.1%, to close at 3412 on turnover of $91 million on Wednesday.
The kiwi dollar hit a new post-float high against the US dollar of 87.65 cents on Monday, after stronger than expected inflation figures out of Australia.
It later slipped back a little, and shortly after 5pm was buying 87.46 US, 79.16 Australian, 53.25 pence, 68.09 yen and 0.6025 euro. The TWI stood at 74.25.
Fletcher Building rose 2 cents to $8.25, Contact Energy was unchanged at $5.15, and Telecom rose 2.5 cents to $2.645, after announcing more detail about its planned demerger
Sky City Entertainment Group fell 5 cents to $3.70, Sky Network TV fell 4 cents to $5.79 and Fisher & Paykel Healthcare lost 5 cents to $2.50.
The Warehouse was unchanged at $3.56, while Hallenstein Glasson was down 1 cent to $3.45 and NZ Oil and Gas down 3 cents to 67 cents.
Abano Healthcare was unchanged at $4.44 after its full-year profit fell.
Methven was down 3 cents at $1.54 after announcing last week that its full year profit would double to $9 million, due to its British business returning to profit and lower operating costs.
Vital Healthcare remained unchanged at $1.17, after it couldn't agree a price to bring its management contract in-house.