Bank of Kigali issues 267,000 additional shares

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Rwanda Stock Exchange (RSE) index and All-Shares Index (ALSI) remained constant to close at 230.87 and 135.76 respectively mainly resulted from the Index divisor adjustment as The Bank of Kigali (BK) issued 267,000 additional shares (BK IPO ESOP share allotment).

The Bank of Kigali counter closed at Rwf 297 (Rwf 299 previous). Trading session recorded a total turnover of 845,058,700 from 3,129,800 shares traded in three deals.

 

Bralirwa counter closed at Rwf 370 (Rwf 374 previous). Trading session recorded a total turnover of 1,036,800 and there was no transaction recorded on KCB, NMG and Uchumi Supermarket Limited counters.

 

At the end of formal trading hours, there were outstanding offers of 25,600 BK shares between Rwf 296-320 and no outstanding bids. On Bralirwa counter, there were outstanding offers of 30,700 shares between Rwf 370-411and an outstanding bids of 3,000 shares at Rwf 354.

On KCB counter there was an outstanding bid of 100 shares at Rwf 180 and no outstanding offers. On USL there was an outstanding offer of 6,000 shares at Rwf 104 and no outstanding bids. On today’s RSE bond market; there was an outstanding bid of 500,000 at Rwf 100 and no outstanding offers from government bonds.

 

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About the author

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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