PGG Wrightson got decreased, cutting its 17 percent surge before Christmas. After a limited takeover of the rural services company is being declared by the China's Agria and New Hope Group.

The price of crude oil has helped in earning profits for NZ Oil & Gas, leaving NZ stocks mixed in light trading.

During midday, there was a decline of 3.22, or 0.1 percent, to 3325.98 in NZX 50 Index fell.

The Christmas-New Year holiday kept away many traders from markets which cause low trading volumes.

There was a decrease in Wrightson from 1.8 percent to 55 cents.

There was a gain of 19 percent for Wrightson by Agria. The Pyne Gould Corp for its 18.3 percent stake provided lock-up deed from its earning. About 13 percent of the stock is now required for fulfilling control of the company aim.