BK, Bralirwa shares keep momentum

The share prices of both Bralirwa and Bank of Kigali (BK) kept last’s week momentum with 906,500 shares exchanging hands at the Rwanda Stock Exchange (RSE). The share price of the country’s leading brewery increased by Rwf6 from Friday’s trading, closing at Rwf290 while BK shares closed at Rwf134, an increase of Rwf1.
Traders at the Rwandan bourse / The New Times\ File photo
Traders at the Rwandan bourse / The New Times\ File photo

The share prices of both Bralirwa and Bank of Kigali (BK) kept last’s week momentum with 906,500 shares exchanging hands at the Rwanda Stock Exchange (RSE).

The share price of the country’s leading brewery increased by Rwf6 from Friday’s trading, closing at Rwf290 while BK shares closed at Rwf134, an increase of Rwf1.

According to RSE’s daily market report, NMG and KCB counters were quiet as their shares last transacted at Rwf1,200 and Rwf175, respectively.

The report indicated a total turnover of Rwf195,290,000 from 441,000 BK shares and 465,500 Bralirwa shares traded in 21 deals.

“At the end of formal business hours, there were offers of 1,267,600 BK shares between Rwf135 and Rwf140 and no bids. On the BRALIRWA counter, there were outstanding bids of 158,500 shares between Rwf282 and Rwf290 and an offer of 500 shares at Rwf295,” the report further indicated. 

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