South African regulator reviewing volatile share trading

World News: . []

A South African market regulator said on Friday it was reviewing volatile trading activity sparked by market speculation that a research group would release a negative report on a listed firm. The regulator confirmed in an emailed response to questions that it was reviewing unusual activity in Aspen Pharmacare, whose shares plunged 10% on Tuesday prompting it to say it was aware of speculation New York-based Viceroy Research would release damaging information about the company.

Read More: http://www.engineeringnews.co.za/article/south-african-regulator-reviewing-volatile-share-trading-2018-01-12

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