The RSE trading continued the momentum as investors are continuing to build their shareholding and others are booking their profits from the IPO. Today’s equities traded in a higher range but the market had lower volumes compared to the previous day’s historic record turnover of Rwf1.9 billion from 11.04 million shares of the brewery.
The total turnover for the day was Rwf270 million from 1.5 million Bralirwa traded in 8 deals. The shares closed at Rwf175, an increase of Rwf5 from the previous closing.
There were 1,400 shares on offer at the KCB counter at Rwf187 and no buyers. There was no activity on NMG counter.
At the end of business, a total of 1,250,000 Bralirwa shares were on offer; 1 million of the shares at Rwf185 and 250,000 shares at Rwf180. There was a bid of 2,956,400 Bralirwa shares at Rwf170.
KCB shares and NMG shares remained unchanged; they closed at Rwf 173 and Rwf 1,200, respectively.