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Adcock down, falls into interim loss

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A pharmacist counts pills in a pharmacy. File image: Reuters

Johannesburg - Shares of Adcock Ingram fall over 2 percent after South Africa's second-biggest drugmaker posts first-half headline loss of 39 million rand, hit by rising raw materials prices and costs related to a failed $1.2 billion takeover bid from a Chilean suitor.

As of 13:30 SA time, its shares are down 2.10 percent to 58.00 rand, outpacing a decline in the All-share index which is 0.19 percent lower. - Reuters

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