Baroda share price up
Jul 01, 2005
BANK of Baroda shares gained sh40 to close the week at sh850 from last week’s sh810 as buyers hurried to beat next week’s dividend payment deadline.
By Peter Kaujju
BANK of Baroda shares gained sh40 to close the week at sh850 from last week’s sh810 as buyers hurried to beat next week’s dividend payment deadline.
The week’s turnover was sh1.04m compared to sh0.1m last Thursday.
The all share index gained by 17.29 points to close at a new high of 622.28 from 604.99 last Thursday. This was due to an increase in share prices on various counters.
Baroda bagged sh0.25m after trading 300 shares at sh850 each. British American Tobacco offered each share at sh735, dfcu sh370, East African Breweries sh3,452, New Vision sh205, Kenya Airways sh1,252 and Uganda Clays sh12,070.
“Today, was the last day for Baroda to trade “cum div†(shares liable to getting dividend). The share price soared to a new high making it the second most expensive local stock after Uganda Clays,†Davis Gathaara of Mbea Brokerage Services said.
Baroda recently announced a dividend of sh60 per ordinary share, which will be paid on July 7.
BANK of Baroda shares gained sh40 to close the week at sh850 from last week’s sh810 as buyers hurried to beat next week’s dividend payment deadline.
The week’s turnover was sh1.04m compared to sh0.1m last Thursday.
The all share index gained by 17.29 points to close at a new high of 622.28 from 604.99 last Thursday. This was due to an increase in share prices on various counters.
Baroda bagged sh0.25m after trading 300 shares at sh850 each. British American Tobacco offered each share at sh735, dfcu sh370, East African Breweries sh3,452, New Vision sh205, Kenya Airways sh1,252 and Uganda Clays sh12,070.
“Today, was the last day for Baroda to trade “cum div†(shares liable to getting dividend). The share price soared to a new high making it the second most expensive local stock after Uganda Clays,†Davis Gathaara of Mbea Brokerage Services said.
Baroda recently announced a dividend of sh60 per ordinary share, which will be paid on July 7.