(Bloomberg) — It has been a week of steep drops for some emerging-market stocks, but Johannesburg-traded Sasol Ltd. has out-plunged its peers, battered by the crash in oil prices and concern among investors of a potential looming rights offer as it grapples with a debt burden of about $8 billion.Shares in the fuels and chemicals producer, South Africa’s biggest company by sales, have lost more than 60% since the week started, the most among the 1,401 members of the MSCI Emerging Markets Index, which is down 5.6%. The latest slump has dragged the stock to levels last seen in early …read more
Source:: Yahoo Finance
