Shares in MTN Group fell as much as 5.4 per cent on Friday, a day after the South African mobile phone group announced guidance for annual profit that was lower than forecasts.
Browsing: Johannesburg Stock Exchange
Dangote has emerged as the most valuable brand among the top 50 brands in Nigeria for 2018 unveiled at the weekend in Lagos.
At trading on the Johannesburg Stock Exchange, MTN shares were down 21.4 per cent at 84.35 rand, after touching 83 rand, a level last seen in 2009.
South Africa’s main stock market index jumped nearly 4 per cent, putting it on track for its biggest one-day gain in more than two years as investors welcomed Zuma’s resignation after nine years in office plagued by corruption allegations
The position of SEC was conveyed to Oando before it was suspended from the Nigeria Stock Exchange based on the directive of the SEC on October 19
This is coming a day after the Nigerian Stock Exchange suspended the shares of Oando