Rwanda : BRALIRWA maintains unprecedented run

WB calls for economic stability

BRALIRWA stock at the Rwanda Stock Exchange continues to get more and more valuable, reaching an unprecedented Rwf 426 per share on Wednesday.

It marks a Rwf 5 increment from the previous closing price, as BRALIRWA shares continue a relentless charge that started a couple of weeks ago.

Total turnover at the market also continues to rise after a lackluster start to the week, registering Rwf 21,912,000 from 162,000 Bank of Kigali (BK) shares and 2,000 BRALIRWA shares traded in 6 deals.

This represents a notable improvement from the previous trading session, which recorded a turnover of Rwf 17,670,000 from 117,800 BK shares and 5,600 BRALIRWA shares traded in 6 deals.

BK shares traded and closed at Rwf 130, remaining unchanged. Kenya Commercial Bank (KCB) shares held steady at Rwf 154 while Kenyan Media Conglomerate Nation Media Group (NMG) shares last transacted at Rwf 1,200.

Despite BRALIRWA share price sky-rocketing, BK shares remain the most popular, with an outstanding bid of 2,178,700 BK shares logged at Rwf 130 and outstanding offers of 500 shares at Rwf 132.

On the BRALIRWA counter, there were outstanding bids of 117,200 shares between Rwf 386 and Rwf 426 and outstanding offers of 50,000 shares at Rwf 430 and there was an outstanding bid of 5,000 KCB shares at Rwf 150.

 

Listed companies Price 
BRALIRWA 426
Bank of Kigali (BK) 130
Nation Media Group (NMG) 1200
Kenya Commercial Bank (KCB) 154

 

 

 

 

 

 

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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