Turnover, volumes shrink

Bralirwa and Bank of Kigali share prices continued their upward trend from last week to close at Rwf827 and Rwf200 respectively yesterday. Last Monday, Bralirwa closed at Rwf820 and Bank of Kigali Rwf198.

Bralirwa and Bank of Kigali share prices continued their upward trend from last week to close at Rwf827 and Rwf200 respectively yesterday. Last Monday, Bralirwa closed at Rwf820 and Bank of Kigali Rwf198.

The Rwanda Stock Exchange share index (RSI) went up 1.5 points to close at 219.5, mainly pushed by the rising Bralirwa and Bank of Kigali share prices.

The total turnover for Monday was Rwf2.1m from 10,400 Bank of Kigali shares and 100 Bralirwa shares traded in eight deals. This was, however, a decline compared to last Friday’s trading session, which recorded a total turnover of Rwf35.8m from 43,400 Bralirwa shares traded in three deals.

Yesterday, Bank of Kigali shares traded at between Rwf 196-200, closing at Rwf200, an increase of Rwf5 compared to Friday’s closing price. The Bralirwa counter closed at Rwf827, registering an increase of Rwf1 compared to Friday’s closing price.

Kenya Commercial Bank (KCB) shares last transacted at Rwf 169, while Nation Media Group (NMG) shares last traded at Rwf1,200.

Yesterday, there were outstanding offers of 213,100 Bank of Kigali shares at between Rwf200 and Rwf215 and an outstanding bid of 10,700 shares at Rwf190. On Bralirwa counter, there were outstanding bids of 63,400 shares between Rwf820 and Rwf830 and no outstanding offers.

On Kenya Commercial Bank counter, there were outstanding bids of 3,300 shares at between Rwf160 and Rwf169 and no outstanding offers.

 

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