Beverages maker, Bralirwa’s counter shed Rwf4 during the past week to close at Rwf351 yesterday, down from Rwf355 on Monday last week, the Rwanda Stock Exchange (RSE) market report indicates.

The firm has seen its share price slip since it split its shares in May this year. The counter was trading at Rwf440 a share at end of May.

The downward trend, market traders say, has been as a result of an over-supply of the firm’s shares on the bourse. Bralirwa is also carrying out investments in its plants and has experienced shortfalls in profit during the year.

On the other hand, the trading session was quiet yesterday, with the listed firms or bonds not trading.

The RSE Share Index went up by 10.28 points during the week, closing at 234.09 points yesterday from 223.81 points last week.