BK, Bralirwa shares dip

Bank of Kigali (BK) and Bralirwa shares dipped on the Rwanda Stock Exchange (RSE) after the market registered a low turnover during yesterday’s trading. According to RSE market report, BK shares went down by Rwf7 trading between Rwf134 and Rwf135, and finally closing at Rwf134 compared to Tuesday’s closing price of Rwf141.

Wednesday, October 19, 2011

Bank of Kigali (BK) and Bralirwa shares dipped on the Rwanda Stock Exchange (RSE) after the market registered a low turnover during yesterday’s trading.

According to RSE market report, BK shares went down by Rwf7 trading between Rwf134 and Rwf135, and finally closing at Rwf134 compared to Tuesday’s closing price of Rwf141.

After the closing bell, Bralirwa shares also closed Rwf10 below Tuesday’s trading. The shares traded between Rwf290 and Rwf293 and closed at Rwf290.

KCB shares and NMG shares last transacted at Rwf175 and Rwf1,200 respectively.

After the closing bell, the market had recorded a turnover of Rwf6,760,700  from 33,800 BK shares and 7,600 Bralirwa shares traded in 26 deals.

At the end of formal trading hours, there were outstanding offers of 780,000 BK shares trading between Rwf134 and Rwf141 and 1,300,000 Bralirwa shares selling between Rwf293 and Rwf330.

There were no outstanding bids on both counters.

Ends