Bralirwa share price up Rwf10

Bralirwa counter shot up to Rwf870 per share, registering a Rwf10 increase in share price yesterday.

Tuesday, August 06, 2013

Bralirwa counter shot up to Rwf870 per share, registering a Rwf10 increase in share price yesterday. The movement also influenced a rise in the Rwanda Stock Exchange Share Index (RSI), which went up by 1.76 points to close at 225.30.However, Bank of Kigali’s share price dropped by Rwf1 during the past week, closing at Rwf189 yesterday.Total turnover for the day fell sharply to Rwf1.4m from 2,300 Bank of Kigali and 1,100 Bralirwa shares traded in four deals compared to last Monday, where Rwf232.4m from 29,400 Bank of Kigali shares and 252,200 Bralirwa shares traded in 10 deals, was recorded.Kenya Commercial Bank (KCB) shares last transacted at Rwf175, while Nation Media Group (NMG) shares last transacted at Rwf1,200.At the end of formal trading hours, there were outstanding offers of 1.1 million Bank of Kigali shares at between Rwf189 and Rwf200 and no outstanding bids.On Bralirwa counter, there were outstanding bids for 40,900 shares at between Rwf855 and Rwf860 and outstanding offers of 89,400 shares at between Rwf870 and Rwf900.