Bralirwa takes charge

Steady demand for Bralirwa shares continued yesterday, with 82,100 shares traded at an average of Rwf855 each, raking in over Rwf69.5m.

Monday, March 03, 2014

Steady demand for Bralirwa shares continued yesterday, with 82,100 shares traded at an average of Rwf855 each, raking in over Rwf69.5m.

The brewer also had an outstanding bid for 114,500 shares and offers of 26,900 shares at Rwf890 each.

Bank of Kigali sold 39,700 shares at Rwf323 each earning Rwf12.7m.

The total turnover for the day was, however, down at Rwf82.24m yesterday compared to Rwf304.2m the previous Monday that was realised from 355,700 Bralirwa and 2,100 Bank of Kigali shares traded in nine deals.

The Rwanda Stock Exchange Share Index (RSI) was up by 2.41 points during the week to close at 257.44 points yesterday from 255.03 points recorded last Monday.

This was mainly pushed by the rising Bank of Kigali share price, which increased by Rwf13 during the week from Rwf310 at the close of business last Monday.

KCB Bank shares last transacted at Rwf185, while Nation Media Group and Uchumi Supermarket shares last transacted at Rwf1,200 and Rwf175, respectively.