NZ shares outperform as omicron looms over Asia

NZ shares outperform as omicron looms over Asia
Paul McBeth
New Zealand's sharemarket was the standout across Asia, with Fisher & Paykel Healthcare the top performer as the omicron variant of covid-19 keeps investors nervous about another round of lockdowns.The S&P/NZX 50 Index rose 48.51 points, or 0.4%, to 12,766.45. Turnover was relatively quiet at $116.8 million.The local market outperformed Asia, with US stock futures pointing to a weak start of the week for Wall Street as some European policymakers take steps to clamp down on the spread of omicron with new lockdown measures.“Futu...