STOCKS NEWS AFRICA-Telecoms stocks boost West Africa bourse

viernes 25 de abril de 2014 13:41 GYT

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1741GMT 25APRIL14 - Telecoms boost West Africa bourse


West Africa's regional BRVM bourse finishes higher in the week to Friday after falling for two consecutive weeks, led by Burkina Faso telecoms Onatel and Senegalese heavyweight Sonatel.

The all-share index BRVMCI adds 0.89 percent to 241.07 points on turnover of 943.8 million CFA francs ($1.99 million) in the four sessions, up from 889.9 million CFA francs in five sessions last week.

The Bourse was closed on Monday because of the Easter weekend.

Onatel climbs 1,060 CFA francs, or nearly 13 percent, to finish at 9,460 CFA francs, while Sonatel adds 200 CFA francs, or nearly 1 percent, to close at 22,500 CFA francs, both on dividend outlook, traders say.   Continuación...