Gasoil, or diesel futures, on the Intercontinental Exchange spiked as much as 17% to a two-year high at the open, before paring some gains.
MTN Group, Africa’s biggest network operator, said full-year earnings are expected to more than quadruple after improved results at Nigerian and Ghanaian operations.
It marks a break from the previous investing cycle when stocks and digital assets broadly moved in tandem as twin bets on risk appetite.