Rwanda Stock Exchange bourse records no deals

Rwanda Stock Exchange bourse records no deals

The Rwanda Stock Exchange (RSE) share index (RSI) remained at 259.85 The Bralirwa counter traded and closed at Rwf860, remained unchanged from yesterday’s closing price. Bank of Kigali {BoK} shares price remained at Rwf 317 as no transaction took place on its counter.

On the other hand KCB, NMG, and Uchumi Supermarket’s shares last transacted at Rwf 185, Rwf 1200 and Rwf 175 respectively. At the end of formal trading hours, there were outstanding offers of 315,600 BoK shares between Rwf 316-330 and no outstanding bids.

On Bralirwa counter, there were outstanding offers of 26,400 shares at Rwf 890 and outstanding bids of 40,000 shares between Rwf 850-860. On KCB counter; there were outstanding bids of 5,100 shares between Rwf 175-180 and no outstanding offers. On USL counter; there was an outstanding offer of 7,300 shares at Rwf 175 and no outstanding bids.

In the mean time, Bralirwa ltd. has announced the payment of a cash dividend for 2013 of Rwf 15 per share to be paid on June 24th, 2014 subject to the AGM approval that will take place on May 29th, 2014. The book closure date will be 21 May, 2014, meaning that the final dividend will be paid to all shareholders, whose names appear in the Register of Shareholders at the close of business on 23 May, 2014.

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Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

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