The Bank of Kigali (BK) counter was bullish yesterday, registering a total turnover of Rwf94.2 million from 319,300 shares, the Rwanda Stock Exchange market report indicates.

The bank’s share price also gained Rwf5 to trade at Rwf295 from Rwf290 last week on Monday, signaling growing interest in the firm’s shares ahead of the New Year.

Beverages maker Bralirwa traded 10,100 shares worth Rwf3.7 million.

On Monday, last week, Bralirwa shares were the most traded, with the brewer raking in a total turnover of Rwf33.6 million, while Bank of Kigali earned Rwf2.3 million.

Bralirwa counter remained at Rwf370 during the week.

The Rwanda Stock Exchange Share Index increased by 1.34 points during the week, from 229.98 points last Monday to 231.32 points yesterday, mainly pushed by the rising Bank of Kigali share price, according to the market report.

Olivier Muneza, a broker with MBEA Securities, said activity would pick up in the New Year as more investors return to the market after a long festive season break.