Bankof Kigali (BK) capped a very active day at the bourse yesterday, trading 501,000 shares, worth Rwf147.3 million, in turnover, in six deals, the Rwanda Stock Exchange (RSE) daily market report shows. The BK counter, with a market capitalisation of $291 million, according to brokerage firm, Baraka Capital, was the most active yesterday, trading at Rwf296. This was a huge improvement compared to the pervious Monday when it raked in Rwf3.4 million. The lender’s share price also gained Rwf11, up from Rwf285 on Monday last week. Davis Gathaara, the managing director of Baraka Capital, said the performance was an indication that the ‘bourse was taking the normal course of business’. He projected that the bourse would become more active towards March. The Bralirwa counter yesterday traded a total of 500 shares in two deals at Rwf390 each, realising a turnover of Rwf195,000. This, however, represented a declined from Rwf1.6 million realised by the firm on Monday last week. All was not gloom though as the brewer’s share price appreciated by Rwf25 during the week, from Rwf365 on Monday. The increase in share prices of the two counters boosted the RSE Share Index that went up by 12.43 points during the week, from 226.58 points on Monday last week, to 239.01 points yesterday.
