BK maintains dominance

Bank of Kigali continued its dominance at the local bourse yesterday, trading 4,600 shares in two deals worth about Rwf1.4 million, the Rwanda Stock Exchange (RSE) daily report for Monday March 30 indicates.

Monday, March 30, 2015

Bank of Kigali continued its dominance at the local bourse yesterday, trading 4,600 shares in two deals worth about Rwf1.4 million, the Rwanda Stock Exchange (RSE) daily report for Monday March 30 indicates. The counter has been the most active on the local bourse for the past two weeks. Last week, over 3.5 million shares were traded by the bank, raking in over Rwf1 billion, according to the RSE weekly market report.

The bank’s share price was up by Rwf1 yesterday to Rwf296 compared to Rwf295 on Monday last week. The Bralirwa counter was quiet as was the case for most of the past week. Its share price was at Rwf380 yesterday, unchanged from Monday’s closing price. The RSE Share Index gained 0.27 points during the week to close at 234.63 points yesterday, up from 234.36 points last Monday.

All the cross-listed counters, Uchumi Supermarket, Equity Group Holdings, Nation Media Group and KCB Group continued their inactive run during the week.