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Old Mutual share price drops due to devaluation of South African rand - City A.M.

I'm the digital editor at City A.M., and cover breaking news. I also co-host and [..] Show more. Follow Caitlin. SAFRICA-POLITICS-ECONOMY-FINANCE. The departure of Pravin Gordhan has sent the rand tumbling (Source: Getty). Caitlin Morrison. Insurer Old ...and more »

FTSE closes fourth straight quarter of gains near record highs - Reuters UK

LONDON (Reuters) - Britain's top share index fell on Friday but completed its fourth successive quarter of gains, the best such winning streak since 2011. A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock ...and more »

Old Mutual slides on fears over exposure to South Africa - Financial Times

Old Mutual was the sharpest faller on the FTSE 100 on Friday as the insurer led declines in UK-listed stocks with exposure to South Africa following the dismissal of the country's finance minister. The insurance company, which does most of its business ...and more »

FTSE 100's losses made heavier by South Africa-focused stocks - Proactive Investors UK

Stock market bulls were drawing comfort from the fact the FTSE 100 rose 180 points in the first quarter, as the market wilted on Friday. The top-share index closed 47 points lower at 7,323, with South African insurance company Old Mutual PLC (LON:OML ...and more »

FTSE 100 slides as South African-exposed firms hit - BBC News

The London market ended lower, with companies with business interests in South Africa hit after the country's finance minister was sacked. The removal of Pravin Gordhan after days of speculation sent South Africa's currency, the rand, lower. Insurer ...and more »