The RSE market went down as Friday’s trading session recorded a turnover of Rwf4,626,400 from 25,600 BK shares and 5,000 Bralirwa shares traded in 5 deals compared to Thursday’s trading session which recorded a turnover of Rwf 92,911,300 from 768,200 BK shares and 7,000 Bralirwa shares traded in 14 deals.
The RSE market went down as Friday’s trading session recorded a turnover of Rwf4,626,400 from 25,600 BK shares and 5,000 Bralirwa shares traded in 5 deals compared to Thursday’s trading session which recorded a turnover of Rwf 92,911,300 from 768,200 BK shares and 7,000 Bralirwa shares traded in 14 deals.BK shares traded at Rwf118 and Rwf119 and closed at Rwf119; unchanged from Thursday’s closing price while Bralirwa shares traded and closed Rwf318; translating into a decline of Rwf1 from Thursday’s closing price. KCB and NMG shares last transacted at Rwf135 and Rwf1,200 respectively.At the end of formal trading hours, there were outstanding offers of 26,900 BK shares between Rwf120 and Rwf125 and no outstanding bid. On Bralirwa counter, there was an outstanding bid of 6,000 shares at Rwf318 and outstanding offers of 278,100 shares between Rwf319 and Rwf330.On March 29, BK of Kigali announced its full year 2011 audited results, reporting a Net Income of Rwf8.7 billion (approximately US$ 14.4 million), translating into an increase of 40.6% y-o-y and Earnings per share (EPS) of Rwf15.6(US$0.03).As a result the Board of Directors has recommended a dividend per share of Rwf6.5 (US$0.01) subject to the approval of the Annual General Meeting of Shareholders on April 27.