RSE bourse remains flat as BK files ESOP shares

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Rwanda gets textile deal

The RSE share index (RSI) remains unchanged at 264.08 and mainly resulted by the rising Bralirwa share price which closed at Rwf457.

The total turnover for the day was Rwf50, 647,200 from 170,000 BoK shares and 2,200 Bralirwa shares traded in seven deals compared to the yesterday’s trading session which didn’t recorded any transaction.

Bralirwa shares traded at and closed at Rwf457, registering an increase of Rwf1 compared to the previous closing price whereas BoK counter traded around 292 to 293 and closed at Rwf293, unchanged from yesterday’s closing price. On the other hand KCB, NMG, and Uchumi Supermarket’s shares last transacted at Rwf185, Rwf1200 and Rwf175 respectively.

At the end of formal trading hours, there were outstanding offers of 118,400 BoK shares between Rwf 293-315 and no outstanding bids.

On Bralirwa counter, there were outstanding bids of 39,200 shares between Rwf445-456 and outstanding offers of 2,000 shares at 460.

On the side of KCB counter, there was an outstanding bid of 5,100 shares between Rwf175180 and no outstanding offers. On Uchumi Supermarket counter, there was an outstanding offer of 7,200 shares at Rwf175 and no outstanding bids.

In the meantime the Bank of Kigali has formally filed the return on their IPO Employee Share Ownership Program (ESOP) for a total of 677,200 additional shares issued and fully paid.

This has increased the fully issued and paid share capital to 671, 103,600 shares and slightly affected the index Divisor.


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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