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NZE:VCT

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Asia

NZX Biggest Losers

Here are the NZX-listed companies with the biggest losses on Wednesday.Serko (NZE:SKO): -6%, NZ$1.45Manuka Resources (NZE:MKR): -6%, NZ$0.10Briscoe Group (NZE:BGP): -2%, NZ$4.54Meridian Energy (NZE:MEL): -2%, NZ$5.86Summerset Group (NZE:SUM): -2%, NZ$8.60Hallenstein Glasson Holdings (NZE:HLG): -2%, NZ$10Vista Group International (NZE:VGL): -2%, NZ$2.35Templeton Emerging Markets (NZE:TEM): -2%, NZ$8.06NZX (NZE:NZX): -1%, NZ$1.39Vector (NZE:VCT): -1%, NZ$4.90

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Asia

New Zealand Shares Fall; Vector to Retain Ownership of Fibre Business Following Strategic Review

New Zealand shares ended lower on Tuesday as investors questioned the durability of the Middle East ceasefire.The S&P/NZX 50 Index fell 0.56% or 73.84 points to close at 13,170.71.The New Zealand exchange was closed for trading on Monday.Lebanon on Monday declared a partial ceasefire between Hezbollah and Israel, but hostilities continued on Monday evening in southern Lebanon, according to a Monday Reuters report.In domestic news, New Zealand's highly concentrated grocery industry saw only minor observable change in core competition metrics over the course of 2025, with the country's top grocery retailers maintaining a combined market share of 82%, New Zealand's Commerce Commission said.In corporate news, Vector (NZE:VCT) decided to retain ownership of its Fibre business following a strategic review.Infratil (NZE:IFT, ASX:IFT) launched an offer of up to NZ$150 million of unsecured, subordinated capital bonds due 2057 to investors in New Zealand.

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Asia

Vector to Retain Ownership of Fibre Business Following Strategic Review

Vector (NZE:VCT) decided to retain ownership of its Fibre business following a strategic review, according to a Tuesday New Zealand bourse filing.Vector Fibre will continue delivering to its customers and pursuing growth opportunities, including through data center and 5G expansion in Auckland, the company added.The company's shares fell 1% in recent Tuesday trade.

NZE:VCT

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