Bank of Kigali counter up as market capitalisation hits Rwf2.9 trillion

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RSE dealers and officials during a trading session in March.

The Rwanda Share Index was up by 0.87 per cent to close at 125.44 points yesterday. According to the Rwanda Stock Exchange daily market report for Thursday, the index for local counters gained 1.08 points, recovering from a 0.91 per cent drop or 123.50 points registered on Wednesday. The All Share Index closed at 132.07 points compared to 131.80 recorded the previous day, indicating a rise of 0.12 per cent from the previous trading session.

The rise was supported by the Bank of Kigali counter that gained Rwf5 to close at Rwf285 per share from Rwf280 on Wednesday. The lender recorded a total turnover of over Rwf6.85 million from 24,500 shares in six deals. The counter pushed 100 shares on Wednesday realising Rwf28,000.

Market capitalisation increased to Rwf2.905 trillion from Rwf2.899 trillion on Wednesday, and Rwf2.7 trillion on June 30.

Bralirwa counter was unchanged yesterday, closing at Rwf130. The beverages maker recorded a total turnover of Rwf619,000 during the trading session from 4,800 shares traded in three deals, the RSE report shows. The other equities counters and the bond market were quiet.

The equities counters closed as follows: Crystal Telecom Rwf65; I&M Bank Rwf95; Equity Bank Rwf350; NMG Rwf1,200; KCB Rwf340; and Uchumi Supermarkets Rwf104.