The sharemarket fell as optimism about the rollout of Covid-19 vaccines globally weighs on Fisher & Paykel Healthcare which has seen huge growth in sales of its medical devices during the pandemic. Fisher & Paykel Healthcare, the largest stock on the market, fell 4.1 per cent to $30.57. “It’s been a weak day with Fisher & Paykel Healthcare, which is a major part of the index weighting,” said Peter McIntyre, an investment adviser at Craigs Investment Partners. KIRK HARGREAVES/Stuff PGG Wrightson increased its first-half profit 41 per cent and paid a 12 cent dividend to shareholders. Hong Kong's Hang Seng jumped 1.2 per cent to 30,681.83, while the Shanghai Composite rose 0.3 per cent to 3,653.62.

Source: Stuff February 23, 2021 06:00 UTC