Airtel Africa share price slips after buyback update as oil shock hits risk appetite
Airtel Africa shares fell 1.3% to 344.6 pence in early London trading Monday after the company disclosed a 60,000-share buyback on Feb. 27. The stock swung between 360.8 and 341.9 pence at the open. Oil prices surged on shipping disruptions, sending Brent crude up 9.5% to $79.78 a barrel. U.S. stock futures dropped over 1% as investors shifted to safe havens.