Capitec slumps on ‘disappointing’ first-half earnings guidance
Shares in SA’s biggest bank by customer numbers fall the most since July 2020 as the market takes a dim view
08 September 2022 - 14:26
UPDATED 08 September 2022 - 19:33
Capitec’s share price slumped the most in more than two years after the bank issued a trading statement which commentators said was below consensus expectations.
Shares of SA’s biggest retail bank by customer numbers fell 9.41% to R1,900, the steepest drop since July 2020 and the lowest closing price since December 2021. ..
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