Bank of Kigali, Bralirwa shares fall

m_Bank of Kigali, Bralirwa shares fall

The Rwanda Stock Exchange share index (RSI) went down 2.28 points to close at 261.82 and mainly caused by the falling Bralirwa and Bank of Kigali (BoK) share prices which closed at Rwf 865 and Rwf 332 respectively.

The market recorded 1,200 BoK shares and 3,600 Bralirwa shares valued at Rwf 3,512,400 in three deals compared to the previous trading session which recorded 72,300 BoK shares valued at Rwf 24,039,400 in nine deals.

BoK shares traded and closed at Rwf 332, translating into a decline of Rwf 1 compared to yesterday’s closing price whereas Bralirwa counter traded and closed at Rwf 865, translating into a decline of Rwf 10 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 bids of 2,000 BoK shares between Rwf 310-330 and outstanding offers of 23,000 shares between Rwf 333-350.

On Bralirwa counter, there was an outstanding offer of 26,400 shares at Rwf 890 and outstanding bids of 34,900 shares at Rwf 865. On KCB counter; there were outstanding bids of 12,500 shares between Rwf 174-180 and no outstanding offers.

On NMG counter; there was an outstanding bid of 1,000 shares at Rwf 1,200 and no outstanding offers. On USL counter; there was an outstanding offer of 5,000 shares at Rwf 175 and no outstanding bids. There was a Government bond, FXD1/2014/3YRS bid worth Rwf 100 million at the price of 99.627 and there were no offers.

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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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