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The benchmark NZX-50 index finished down again, losing 12.766 points (a drop of 0.368 per cent) on the day to end at 3460.826, having lost 4.9 points on Tuesday.
Nearly 41.5 million shares, valued at $NZ140 million ($A108.18 million), changed hands as 115 stocks were traded, with 39 rises and 33 falls.
Xero gained 6c early and held the 2.94 per cent gain to finish at 210, OceanaGold lifted 17c (5.18 per cent) to 345, Hallenstein Glasson added 1c (0.27 per cent) to 365, Mainfreight lifted 6c (0.58 per cent) to 1041.
Cornerstone stock Telecom fell 1.5c (0.6 per cent) to 248.5, Vector fell 2c (0.77 per cent) to 257, and Contact fell 3c (0.56 per cent) to 532.
Guinness Peat Group slumped 11.95 per cent, losing 0.8c to 79.5, after announcing a reduction of share capital was in effect. Ebos Group lost 4c to 695 and Fletcher Building was dropped 1.75 per cent, losing 15c to 841.
Across the Tasman, the benchmark ASX200 index was also down, by 6.9 points, or 0.15 per cent, at 4605, while the broader All Ordinaries index was 6.7 points, or 0.14 percent, weaker at 4,663.6.
On the ASX 24, the September share price index futures contract was down 4 points at 4,586, with 25,355 contracts traded.
In the United States, stocks ended a thinly traded session mostly flat as investors paused after last week's surge.
"It's no real surprise that the market is having a harder time today getting excited, given the big week we just had," said Hayes Miller, the Boston-based head of asset allocation in North America at Baring Asset Management.
The Dow Jones industrial average was down 0.1 percent at 12,569.87, the Standard & Poor's 500 Index was down 0.1 per cent at 1337.88, while the Nasdaq Composite Index was up 0.4 per cent at 2825.77.

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