Angola To Open Stock Market In First Half Of 2009 - Official
Opening a stock exchange is seen as a major step forward for the country, which is hoped will bring transparency to the oil industry and the way revenues are distributed.
"Opening a stock exchange is a major priority for the Angolan government," an official at Angola's Capital Markets Commission told AFP.
"We have a timeline for the first half of next year. We don't know exactly what the start date will be or whether it will be in the first or second quarter."
Angolan oil company Sonangol is among the companies expected to be listed, along with BFA (Banco de Fomento Angola) and BancoBIC.
The state diamond company Endiama could also be included, the CMC source said.
(END) Dow Jones Newswires
December 04, 2008 10:13 ET (15:13 GMT)
Publié le 04 Décembre 2008 Copyright © 2008 Dowjones
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