The benchmark NZX50 fell 19 points to close at 2972 on turnover of $53 million.
Across the Tasman, the ASX200 is down 62 points to 4283.
In currency markets, the New Zealand dollar is buying 69.28 US cents, 81.4 Australian, 46.03 pence, 61.38 yen and point 5675 euro. The Trade Weighted Index is 66.85.
Fletcher Building was down 13 cents to $7.85, Telecom reamins unchanged at $1.89 and Contact Energy is unchanged at $5.69.
Auckland Airport was down 1c to $1.87, Fisher & Paykel Appliances fell 1c to 54c, Fisher and Paykel Healthcare was unchanged at $3.12.
Sky City Entertainment Group was down 1c to $2.85 and Sky Network Television is down 2c to $4.69.
Nuplex fell 11c to $2.81, and NZ Oil & Gas was up 1c at $1.27.
GPG is unchanged at 66c after director Tony Gibbs was sacked for releasing a statement saying he does not support a proposed restructure plan.
Allied Farmers rose 0.4c to 4c after it announced it won't be paying $5 million to Hanover, alleging it breached obligations under its sale agreement.
