Bralirwa shares fall

m_Bralirwa shares fall

The Rwanda Stock Exchange share index (RSI) went down 0.40 points to close at 233.54 and mainly caused by the falling Rwanda’s sole brewery company (Bralirwa) share price which closed at Rwf 838.

The total turnover for the day was Rwf 276,083,700 from 159,300 Bank of Kigali (BoK) shares and 282,900 Bralirwa shares traded in five deals compared to the previous trading session which recorded a total turnover of Rwf 6,748,000 from 27,200 BoK shares and 100 Bralirwa shares traded in six deals.

BoK shares traded between Rwf 240-245 and closed at Rwf 245, unchanged from yesterday’s closing price whereas Bralirwa counter traded and closed at Rwf 838, translating into a decline of Rwf 2 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 210,700 BoK shares between Rwf 249-250 and outstanding bids of 6,839,000 shares between Rwf 230-245. On Bralirwa counter, there were outstanding offers of 99,200 shares between Rwf 840-890 and no outstanding bids.

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 Rwf1, 200 and no outstanding offers. On USL counter; there was an outstanding offer of 1,000 shares at Rwf 175 and no outstanding bids

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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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