BK share price increase by Rwf6

The rwanda Stock Exchange (RSE) share index (RSI) went up 1.57 points yesterday to close at 234.20, mainly pushed by the rising Bank of Kigali share price, which closed at Rwf246. Yesterday, the RSE realised a total turnover of over Rwf29.4m from 80,400 Bank of Kigali and 11,600 Bralirwa shares traded in seven deals. This was a big decline in value compared to last Friday, when turnover was Rwf183.1m. Bank of Kigali shares traded at between Rwf245 and Rwf246, closing at Rwf 246, which was an increase of Rwf6 compared to Friday closing price. The Bralirwa counter traded and closed at Rwf840, unchanged from last Friday’s closing price. KCB shares last transacted at Rwf185 while NMG and Uchumi Supermarket shares last transacted at Rwf1,200 and Rwf175, respectively. There were outstanding offers of 226,700 Bank of Kigali shares at between Rwf249 Rwf250 yesterday, and bids for 6,356,600 shares at between Rwf230 and Rwf241. On Bralirwa counter, there were offers of 43,900 shares at between Rwf845 Rwf890 and bids for 195,500 shares at between Rwf830 and Rwf840. The KCB counter received bids for 12,400 shares at between Rwf175 and Rwf180 and no offers. An outstanding bid for 1,000 shares was made at the NMG counter at Rwf1,200 and no offers, while Uchumi received offers of 1,000 shares at Rwf175 and no outstanding bids.