Market Report for Tuesday, March 6

Today, the RSE market went down as today’s trading session recorded a turnover of Rwf2,428,500 from 500 BK shares and 7,400 Bralirwa shares traded in 2 deals compared to Monday’s trading session which recorded a turnover of Rwf2,912,000 from 9,100 Bralirwa shares traded in 2 deals.BK shares traded and closed at Rwf121; registering a decline of Rwf1 from Monday’s closing price while Bralirwa shares traded and closed at Rwf320; unchanged from Monday’s closing price. KCB shares last transacted at Rwf135 while NMG shares last transacted at Rwf1,200.At the end of formal trading hours, there were outstanding offers of 1,042,300 BK shares between Rwf120 and Rwf130 and no outstanding bid. On Bralirwa counter, there were outstanding offers of 338,400 shares between Rwf323 and Rwf340 and no outstanding bid. On KCB counter, there was an outstanding offer of 4,000 shares at Rwf135 and no bids.KCB Bank Group announced its audited results for the period ended 31st December 2011, reporting an increase of 53% y-o-y in profit after tax and exceptional items and a proposed dividend per share of Kshs1.85(Rwf13.7) compared to Kshs1.25 paid last year.

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Market Report for Tuesday, March 6