Yesterday was one of the bad days for Bank of Kigali and Bralirwa as their share prices shed values significantly. The brewer lost Rwf20 while Bank of Kigali (BK) shed Rwf7 compared to last Monday.
Yesterday was one of the bad days for Bank of Kigali and Bralirwa as their share prices shed values significantly. The brewer lost Rwf20 while Bank of Kigali (BK) shed Rwf7 compared to last Monday.
The bank’s counter traded at between Rwf308 and Rwf309. It closed at Rwf308 yesterday, down from Rwf315 last Monday. Bralirwa shares traded and closed at Rwf840 compared to Rwf860 the previous Monday.
On the other hand, Kenya Commercial Bank, Nation Media Group, and Uchumi Supermarkets shares last transacted at Rwf185, Rwf1,200 and Rwf175, respectively.
The total turnover yesterday was Rwf140.7m from 455,300 Bank of Kigali and 1,200 Bralirwa shares traded in five deals.
This was a big change considering no trade was recorded at the bourse last Monday.
The Rwanda Stock Exchange Share Index was up by 2.22 points during the week to close at 261.54 points yesterday from 259.32 points last Monday. At the end of formal trading hours, there were outstanding offers of 136,600 Bank of Kigali shares at between Rwf309 and Rwf330 each.
The Bralirwa counter had outstanding bids for 12,500 shares at Rwf440, while the Kenya Commercial Bank counter had outstanding bids of 5,100 shares at between Rwf175 and Rwf180 a share. Uchumi Supermarket had an outstanding offer of 7,300 shares at Rwf175.