Fletcher rallied after agreeing to sell its major construction arm.
Property stocks brace for Precinct’s index reweighting.
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.
Fisher & Paykel Healthcare beat expectations when reporting a 39% increase in first-half profit.
