Bank of Kigali shares rise

Bank of Kigali shares rise

The Rwanda Stock Exchange share index (RSI) went up as it reached 269.43 an increase of 1.08% from yesterday’s index as a result of a Rwf11 appreciation in Bank of Kigali (BK) share price. The previous day RSE share index had gone down 0.71 to close at 266.54 resulting from a drop in Bralirwa share price.

The RSE market recorded a total turnover of Rwf 51,579,500 from 152,000 BK shares traded in 13 deals compared to yesterday’s trading session which resulted in a turnover of Rwf 13,653,100 from 2,100 Bralirwa shares and 35,600 BoK shares traded in seven deals.

 BK shares traded between Rwf 330 – 361 before closing at Rwf 361 thus an increase of Rwf11 from yesterday’s closing price. BRALIRWA shares price remained at Rwf 865 as no transaction took place on its counter. On the other hand KCB , NMG, and Uchumi Supermarket’s shares last transacted at Rwf 185, Rwf 1200 and Rwf 175 respectively.

At the end of formal trading hours, there were outstanding bids of 10,000 BoK shares at Rwf 335 and outstanding offers of 20,000 shares at Rwf 362.

On Bralirwa counter, there were outstanding offers of 91,200 shares between Rwf 875-890 and no outstanding bids.

On KCB counter; there were outstanding bids of 12,500 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.

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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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