Sasol shares slump amid poor show

The stronger rand against the dollar, oil price volatility, and lower refining margins all impacted JSE-listed Sasol's business for the three months ended 30 September this year.

In a trading update published on its website, Sasol noted that its market guidance for next year is largely intact, except for Natref, which is revised downwards. It also foresees lower fuel sales volumes.

The group's share price fell back to R107.18 in early morning trade, down more than 5% from the previous day.

Sasol publishes a set of business performance metrics for each of its businesses every quarter. These metrics include production and sales information.