June 20, 2019 / 2:27 PM / 5 months ago

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

LAGOS, June 20 (Reuters) - Shares of Lafarge Africa 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 listed in Lagos, climbed to 10.50 naira, outperforming the weaker Nigerian All Share Index down 0.02%. (Reporting by Chijioke Ohuocha Editing by Alexandra Hudson)

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