Bralirwa counter sheds Rwf10 turnover

Shareholders of beverages maker, Bralirwa are not the happiest after the firm's share price shed Rwf10 over the past week to close at Rwf445 yesterday, down from Rwf455 the previous Monday.

Shareholders of beverages maker, Bralirwa are not the happiest after the firm’s share price shed Rwf10 over the past week to close at Rwf445 yesterday, down from Rwf455 the previous Monday.

According to yesterday’s Rwanda Stock Exchange (RSE) market report, the falling Bralirwa share price also hit the RSE Share Index (RSI), which declined by 2.21 points during the week from 254.49 points last Monday to 252.28 points yesterday.

On the other hand, the Bank of Kigali counter continued its impressive form during the week, with the lender’s share price appreciating by Rwf7, from Rwf260 per share the previous Monday to Rwf267 yesterday.

The bourse total turnover for the day was Rwf3.5 million from 2,600 Bralirwa and 8,600 Bank of Kigali shares traded in four deals, an increase from Rwf1.8 million last week.

Kenya Commercial Bank, Nation Media Group and Uchumi Supermarkets counters haven’t been active in a while, and last traded at Rwf185, Rwf1,200 and Rwf175, respectively.

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