Market Report for Monday, April 16

The RSE market went slightly up as yesterday’s trading session recorded a turnover of Rwf 31,157,200 from 232,700 Bank of Kigali shares and 6,500 BRALIRWA shares traded in five deals compared to last Friday’s trading session which recorded a turnover of Rwf 35,042,500 from 254,900 BK shares and 10,000 BRALIRWA shares traded in nine deals.

The RSE market went slightly up as yesterday’s trading session recorded a turnover of Rwf 31,157,200 from 232,700 Bank of Kigali shares and 6,500 BRALIRWA shares traded in five deals compared to last Friday’s trading session which recorded a turnover of Rwf 35,042,500 from 254,900 BK shares and 10,000 BRALIRWA shares traded in nine deals.

BK shares traded and closed at Rwf 125, unchanged from Friday’s closing price while BRALIRWA shares traded and closed at Rwf 319, registering an increase of Rwf 1 compared to Friday’s closing price. KCB and NMG shares last transacted at Rwf 135 and Rwf 1,200, respectively.

At the end of formal trading hours, there were outstanding bids of 16,300 BK shares at Rwf 123 and 10,000 outstanding offers at Rwf 126. On the BRALIRWA counter, there was an outstanding bid of 286,200 shares at Rwf 318 and outstanding offers of 306,100 shares between Rwf 319 and Rwf 320.

Following the announcement of BK about the lender’s books closure date on 20th April 2012, BK shares are trading cum dividend up to 17th April 2012 and will start trading ex-dividend on 18th April 2012.

 

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