Petroceltic still on the track of North African oil

Stock markets are easily rattled. The slightest whiff of uncertainty can trigger sharp share price fluctuations. Take the onset of the so-called Arab Spring of protests earlier this year. The first signs of turmoil kicked off concern around a number of companies that operate in the Middle East and North Africa. Sector was no bar.The Jordanian pharma group Hikma Pharmaceuticals and the gold producer Centamin Egypt, to name just two, saw their share prices wobble in late January and over much of February as protests spread from Tunisia to the wider region…read more

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