Genesis Energy launched its rights offering as sentiment soured.
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.
And outside the benchmark index, Comvita sank, as its scheme looks like it’s been rejected.
The a2 Milk Co led the benchmark higher as China eyes softer yuan.
NZME hit a seven-week high as it raised its earnings outlook.
Fisher & Paykel Healthcare beat expectations when reporting a 39% increase in first-half profit.
