Bralirwa, Bank of Kigali shares fall

Bralirwa, Bank of Kigali shares fall

The Rwanda Stock Exchange share index (RSI) went down 2.35 points to close at 232.40 and mainly caused by the falling Bralirwa and Bank of Kigali  {BoK}share prices which closed at Rwf 835 and Rwf 243 respectively.

However, the market recorded 800 BoK shares and 5,100 Bralirwa shares valued at Rwf 4, 470,100 in three deals compared to the previous trading session which recorded 5,000 BoK shares that were valued at Rwf 1, 217,200 in four deals.

BoK shares traded and closed at Rwf 243, translating into a decline of Rwf 2 compared to the last Friday’s closing price whereas Bralirwa counter traded between Rwf 835-839 and closed at Rwf 835, translating into a decline of Rwf 9 compared to last Friday’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 1,126,800 BoK shares between Rwf 243-260 and outstanding bids of 2,835,000 shares between Rwf 230-235.

On Bralirwa counter, there were outstanding offers of 102,000 shares between Rwf 840-890 and an outstanding bid of 50,000 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.

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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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