Bralirwa shares continue to drop

m_Bralirwa shares continue to drop

The Rwand Stock Exchange (RSE) share index (RSI) went down 0.21 points to close at 234.48 and mainly caused by the falling Bralirwa share price which closed at Rwf 844.

The total turnover for the day was Rwf 6,961,300 from 14,000 BoK shares and 4,300 Bralirwa shares traded in seven deals compared to the previous trading session which recorded a total turnover of Rwf 5,070,000 from only 6,000 Bralirwa shares traded in one deal.

BoK shares traded between Rwf 239-244 and closed at Rwf 244, unchanged from yesterday’s closing price whereas Bralirwa counter traded between Rwf 835-845 and closed at Rwf 844, translating into a decline of Rwf 1 compared to yesterday’s closing price.

KCB shares last transacted at Rwf 185 while NMG and Uchumi Supermarket shares last transacted at Rwf 1,200 and Rwf 175 respectively.

At the end of formal trading hours, there were outstanding offers of 948,600 BoK shares between Rwf 240-250 and outstanding bids of 13,000 shares between Rwf 225-235.

On Bralirwa counter, there were outstanding offers of 881,500 shares between Rwf 844-890 and an outstanding bid of 3,800 shares at Rwf 835. On KCB counter; there were outstanding bids of 12,400 shares between Rwf 175-180 and no outstanding offers. On NMG counter; there was an outstanding bid of 1,000 shares at Rwf 1,200 and no outstanding offers.



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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