Bank of Kigali dominates bourse

Bank of Kigali shares were the most traded on Friday before the Rwanda Stock Exchange (RSE) closed off for a long weekend break. The bourse was closed yesterday as it was a public holiday to mark Assumption Day celebrations.

Monday, August 17, 2015

Bank of Kigali shares were the most traded on Friday before the Rwanda Stock Exchange (RSE) closed off for a long weekend break. The bourse was closed yesterday as it was a public holiday to mark Assumption Day celebrations.

According to Friday’s market report, Bank of Kigali transacted close to 1.5 million shares in six deals, raking in a total turnover of more than Rwf423 million. The Crystal Telecom shares recorded Rwf5.3 million in turnover from 41,500 shares traded in two deals, while 1,000 Bralirwa shares exchanged hands, realising Rwf292,000.

The Bank of Kigali counter traded at Rwf290 on Friday, up from Rwf285 on Monday last week, while Crystal Telecom shares traded at Rwf128, down from Rwf129 the previous Monday. Bralirwa experienced the biggest drop during the week, closing at Rwf292 on Friday, down from Rwf309 on Monday. The performance impacted on the RSE Share Index, which fell by 5.36 points during the week to close at 197.35 points on Friday, down from 202.71 points on Monday.