January 30, 2018 / 8:31 AM / 8 months ago

South Africa's Capitec sinks 10 pct after report by Viceroy Research

JOHANNESBURG, Jan 30 (Reuters) - Shares in Capitec Holdings fell more than 10 percent in mid-morning trade after a U.S. firm, Viceroy Research, said the South African lender overstates its financial assets and income.

By 1021 GMT, Capitec stock had dropped 10.04 percent to 836.08.

Reporting by Tiisetso Motsoeneng; Editing by James Macharia

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below