11 Jan, 2021 05:15 AM3 minutes to read

Contact Energy’s share price fell as gentailers were hit in trading today. Photo / File

The high-flying energy stocks were mauled by profit-taking as the New Zealand sharemarket suffered its heaviest fall in four months.

The S&P/NZX 50 Index slumped 268.10 points or 1.98 per cent to 13,290.09. The index
beat the previous biggest drop of 1.91 per cent on September 4 when it closed 11,824.31.

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