VOL. XLIII

No. 23

5-June-2000

TUNISIA

Tunisias SOTETEL Stock Split Boosts Share Price To Record High

Tunisias telecommunication engineering firm SOTETEL announced on 23 May a one-for-one share bonus issue. The decision to split the stock sent SOTETELs share price soaring to an all-time record high of TD202.2 ($148.3) on 26 May, breaking the TD200 ($146.7) barrier a first for the Tunisian stock market in a record daily trading volume of TD3.06mn ($2.24mn), according to Tunis-based Smart Finance....