Netcare Falls Most This Year in Johannesburg as U.K. Sales Drop
- South African healthcare provider declines to four-month low
- Netcare sees more U.K. business from state-owned NHS
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Netcare Ltd., a South African operator of private hospitals, fell the most since Dec. 10 after reporting a drop in revenue at its U.K. business.
Netcare declined 6.5 percent by the close in Johannesburg to 32.11 rand, the lowest since Jan. 27. About 12.3 million shares were traded, 2.2 times the three-month daily average.