The Bank of Kigali and Bralirwa continued their dominance at the local bourse through last week as the market awaits the listing of Crystal Telecom on Friday, a statement from the Rwanda Stock Exchange (RSE) indicates. The two firms were both active yesterday, trading 37,600 and 400 shares, respectively, while the other counters remained quiet. Bank of Kigali recorded a turnover of Rwf10.5 million yesterday, down from Rwf93 million last Tuesday, while Bralirwa had a turnover of Rwf135,600 up from Rwf34,000 last week, the daily market report indicates. The Bank of Kigali counter gained Rwf6 to close at Rwf290 yesterday, up from Rwf284 on Tuesday last week, while Bralirwa closed at Rwf339, down from Rwf340 last week. BK’s share price increase boosted the RSE Share Index, which gained 1.2 points during the week, from 215.05 points last Monday to 216.25 points yesterday. The bourse is expected to become more active after Crystal Telecom lists on Friday.
