Lafarge Africa rises to 3-week high after it sells South African unit

  • Reuters
  • Stock Market News
Lafarge Africa rises to 3-week high after it sells South African unit
Credit: © Reuters.

LAGOS, June 20 (Reuters) - Shares of Lafarge Africa WAPCO.LG rose 9.95% to a three-week high on Thursday after the cement maker said it had sold its loss-making South African operations.

The stock of the local unit of Franco-Swiss group Lafarge Holcim LHN.S listed in Lagos, climbed to 10.50 naira, outperforming the weaker Nigerian All Share Index .NGSEINDEX down 0.02%.

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