STOCK HIGHLIGHT: Investors punish Telkom

Telkom was the worst performing share on the JSE on Tuesday after a first quarter trading update set off alarm bells about the firm's BCX business.

Telkom was the worst performing share on the JSE on Tuesday after a first quarter trading update set off alarm bells about the firm’s BCX business. Shares in the enterprise plunged more than 9% on the day, putting a dent in the group’s 53% year-to-date rally.

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