RSE registers slump in turnover

Yesterday’s trading session recorded a turnover of Rwf39,678,100 from 264,600 BK shares and 20,700 BRALIRWA shares traded in 14 deals compared to the previous session which recorded a turnover of Rwf126,303,300 from 1,004,200 BK shares and 3,000 BRALIRWA shares traded in 20 deals. BK shares traded and closed at Rwf125, unchanged from Tuesday’s closing price while BRALIRWA shares traded at Rwf 318 and Rwf 319 and closed at Rwf 318, unchanged from the previous closing price. KCB and NMG shares last transacted at Rwf135 and Rwf1,200, respectively. At the end of formal trading hours, there were outstanding bids of 35,100 BK shares at Rwf120 and outstanding offers of 10,000 BK shares at Rwf126 and 55,400 BK shares at Rwf130. On the BRALIRWA counter, there was an outstanding bid of 16,300 shares at Rwf 318 and outstanding offers of 322,700 shares between Rwf319 and Rwf330. On 29th March 2012, BK of Kigali announced its full year audited results for 2011, reporting a Net Income of Rwf 8.7 billion (approximately US$ 14.4 million), translating into an increase of 40.6 per cent 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 by shareholders during the Annual General Meeting on the 27th of April 2012.

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RSE registers slump in turnover