Rwanda Security Exchange Market Report April 12, 2012
On the RSE market today only Bank of Kigali (BK) counter recorded transactions. The trading sessions recorded a turnover of Rwf 2,984,000 from 24,000 BK shares traded in 2 deals compared to yesterday’s trading session which recorded a turnover of Rwf 6,522,300 from 20,500 BRALIRWA shares traded in 3 deals.
BK shares traded at Rwf 123 and Rwf 125 and closed at Rwf 123, registering a decline of Rwf 2 from yesterday’s closing price while BRALIRWA shares remained unchanged from yesterday’s closing price of Rwf 318. KCB and NMG shares last transacted at Rwf 135 and Rwf 1,200 respectively.
At the end of formal trading hours, there were outstanding bids of 16,300 BK shares at Rwf 123 and 30,000 BK shares at Rwf 120 and outstanding offers of 57,400 BK shares at Rwf 125. On BRALIRWA counter, there were outstanding offers of 86,100 shares between Rwf 319 and Rwf 330 and no outstanding bids.
On 14th March 2012, Nation media Group (NMG) announced its 2011 audited accounts, reporting a comprehensive Income of Kshs 1,957.3 million (approximately Rwf 14.3 billion), translating into an increase of 29% y-o-y and Earnings per share (EPS) of Kshs 12.7(Rwf 92.7 ).As a result the Board of Directors has recommended a final dividend per share of Kshs 6.5 (Rwf 47.5) to be paid on or about 6th July 2012 to shareholders in the books at the end of business on 13th April 2012.The Annual General Meeting of Shareholders will take place in Nairobi on the 27th of April 2012.