Markets: BK, Bralirwa shares stable

Bank of Kigali (BK) and Bralirwa shares remained unchanged in the trading session ending last week. According to the weekly market report from Rwanda Stock Exchange (RSE), both BK and Bralirwa shares remained unchanged at Rwf120 and Rwf320 respectively on Friday compared to the same trading the previous day.“Only Bralirwa counter recorded transactions. Friday’s

Monday, January 23, 2012

Bank of Kigali (BK) and Bralirwa shares remained unchanged in the trading session ending last week.

According to the weekly market report from Rwanda Stock Exchange (RSE), both BK and Bralirwa shares remained unchanged at Rwf120 and Rwf320 respectively on Friday compared to the same trading the previous day.

"Only Bralirwa counter recorded transactions. Friday’s trading session recorded a turnover of Rwf3,584,500 from 11,200 Bralirwa shares traded in four deals compared to the previous trading session (Thursday) which recorded a turnover of Rwf2,464,000 from 7,700 Bralirwa shares traded in one deal,” the report stated.

"Bralirwa shares traded at Rwf325 and Rwf320 and closed at Rwf320, unchanged from yesterday’s closing price. BK shares closed unchanged from yesterday’s closing price of Rwf125,” the report added.

KCB shares last transacted at Rwf175 while NMG shares last transacted at Rwf1,200.

At the end of formal trading hours on Friday, there were outstanding offers of 828,000 BK shares between Rwf123 and Rwf134 and no outstanding bids.

On Bralirwa counter, there were outstanding offers of 143,900 shares between Rwf325 and Rwf340 and no outstanding bids.

saul.butera@newtimes.co.rw