Sky TV bounced from a two-month low as Paramount pulled up its sleeves in the fight for Warner Bros Discovery.
And PGG Wrightson halts trading after surprise boardroom ouster.
Local property companies were broadly weaker as investors shuffled their portfolios to participate in Precinct's raise.
Fisher & Paykel Healthcare was among those that keenly felt the soft week.
Chinese markets kicked off their return to work with a hiss and a roar.
The kiwi dollar sank to a six-month low against the greenback.
Turnover across the main board was $141.4 million, of which Summerset accounted for $12.7 million.
The prospect of lower interest rates spurred gains among property companies.
NZME hit a seven-week high as it raised its earnings outlook.
And outside the benchmark index, Comvita sank, as its scheme looks like it’s been rejected.
