Pursuits
Heineken Rwanda Surges on First Day’s Trade in Kigali
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Heineken NV’s Rwandan unit, Brassieries et Limonaderies du Rwanda SA, surged 62 percent on debut on the Rwandan Stock Exchange, that opened today.
The stock first traded at 220 Rwandan francs ($1.67), Robert Mathu, executive director of the Capital Markets Advisory Council, said at the listing in the capital, Kigali. The initial public offering price was 136 francs.