Emirates denies reports it is considering IPO,1time rallies; Lonrho and Air Arabia down;
1time Holdings (+9.0%) shares surged on Thursday (25-Feb-2010), shrugging off another slip in the South African All-Share Index (-0.8%). The South African Rand (ZAR) fell to its lowest level since Nov-2009, as investors sold high risk stocks on weak US data released during trading, including an increase in jobless claims. Lonrho (-2.1%) fell with the decline, while Comair was flat. Also in Africa, Kenya Airways was also flat.
