The New Zealand share market was down 20 points (0.6%) to 3065 at the close of trade on Thursday on turnover of $28 million.
Fletcher Building was down 5 cents to $7.50, Contact Energy fell 10c to $5.70, while Telecom was 1c higher at $2.30.
Auckland International Airport was up 1c to $1.88 but Air New Zealand was 2c lower at $1.30.
Sky City Entertainment was 2c down at $3.14, while Sky Television Network was unchanged at $4.79.
Retailer The Warehouse was unchanged at $3.80, while Hallenstein Glasson gained 2c to $3.65.
Steel and Tube was down 1c to $2.75 after announcing a $3.2 million profit in the six months to December, down 85% on the same time a year earlier.