Imperial tops losers list on Top-40 indexComment on this story
Johannesburg - Imperial Holdings shares slide more than 3 percent after the logistic company posts flat first-half profit, reflecting a slow down in demand for trucks to haul merchandise across Africa.
Imperial's customers, whose business is chiefly in the retail and manufacturing industry, are seeing a slow down in consumer demand as joblessness and inflation bite.
Imperial shares are down 3.3 percent at 162.39 rand, the biggest drop by any company on the Top-40 index so far this session. - Reuters