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STOCKS NEWS AFRICA-West Africa bourse drops on Saph, Palmci

Friday, 12 Oct 2012 | 11:06 AM ET

STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 1600GMT 12Oct12 - West Africa bourse drops on Saph, Palmci --------------------------------------------------------------------

West Africa's regional BRVM bourse finishes down in the week to Friday, ending three consecutive weeks of gains, as natural rubber company Saph

and natural palm oil producer Palmci decline.

The all-share index slips 0.31 percent to 148.06 points with a turnover of 1.7 billion CFA francs ($3.35 million) during five sessions, down from 2.10 billion CFA in five sessions last week.

Saph sheds 1,550 CFA to 37,000 CFA, and Palmci falls 1,500 CFA francs to 18,000 both on profit-taking, traders say.

Among gainers, brewer Solibra climbs 4,500 CFA to 200,000 CFA and heavyweight Senegalese telecoms company Sonatel adds 2,000 CFA to 117,000 CFA, both on the good company prospects, traders say.

(Reporting by Loucoumane Coulibaly) 1100GMT 12Oct12 - S.Africa's Imperial climbs as truck strike ends -----------------------------------------------------------------

Shares in Imperial Holdings rise more than 2 percent as truck drivers signed a new three-year wage increase deal, ending a three-week strike that has hit fuel deliveries, cash and consumer goods.

Imperial, the nation's biggest-listed logistics group, is up 2.03 percent at 184.80 rand.

Rival Super Group gains 0.8 percent to 15.50 rand Reuters Messaging: tiisetso.motsoeneng.thomsonreuters.com@reuters.net 0715GMT 12Oct12 - AECI falls, sees FY earnings down more than 20 pct -------------------------------------------------------------------

Shares of AECI open more than 2 percent lower after the chemicals and explosives manufacturer says it expects full-year earnings to fall by more than 20 percent due to the impact of strikes in the mining and transport sectors.

By 0715 GMT, shares in the company are down 1.64 percent at 76.23 rand, compared with a 0.45 percent drop in the JSE All-Share index . AECI earlier hit a low of 75.16 rand, its lowest level in 11 months.

Reuters Messaging: agnieszka.flak.thomsonreuters.com@reuters.net ($1 = 506.8040 CFA francs)

Keywords: MARKETS AFRICA STOCKSNEWS