On the RSE market, only Bralirwa counter registered transactions. Tuesday’s trading session recorded a turnover of Rwf2,034,000 from 6,300 Bralirwa shares, traded in 2 deals compared to Monday’s trading session which recorded a turnover of Rwf2,692,800 from 14,300 BK shares and 2,900 Bralirwa shares traded in 6 deals.
On the RSE market, only Bralirwa counter registered transactions. Tuesday’s trading session recorded a turnover of Rwf2,034,000 from 6,300 Bralirwa shares, traded in 2 deals compared to Monday’s trading session which recorded a turnover of Rwf2,692,800 from 14,300 BK shares and 2,900 Bralirwa shares traded in 6 deals.Bralirwa shares traded at Rwf320 and Rwf323 and closed at Rwf323, registering an increase of Rwf3 from Monday’s closing price while BK shares remained unchanged from Monday’s closing price of Rwf122. KCB and NMG shares last transacted at Rwf135 and Rwf1,200 respectively.At the end of formal trading hours, there were outstanding offers of 785,800 BK shares between Rwf121 and Rwf135 and no outstanding bid. On Bralirwa counter, there were outstanding offers of 324,800 shares between Rwf325 and Rwf340 and no outstanding bid. On February 14, BK announced its full year 2011 unaudited financial highlights, reporting a Net Income of Rwf8.2 billion (approximately US $ 13.6 million), meaning an increase of 33% y-o-y. They also announced a proposed dividend policy of paying 50% of the Bank’s audited IFRS- based Net income in respect of 2011, 2012, and 2013. In the event the proposed policy is approved by the Annual General Meeting to be held in Kigali on April 27, this would result in the annual dividend of approximately Rwf6.2 per share for 2011.