Bourse turnover up

The Rwanda Stock Exchange registered close to Rwf6m turnover from 23,000 Bank of Kigali and 1,800 Bralirwa shares traded in five deals. This is in comparison to last Monday’s Rwf2.1m from 10,400 Bank of Kigali and 100 Bralirwa shares traded in eight deals.The exchange’s share index (RSI) went up 0.69 points to close at 220.19 compared to last Monday’s 219.5 points, mainly pushed by the rising Bralirwa and Bank of Kigali (BK) share prices, which closed at Rwf833 and Rwf 198 respectively. Bank of Kigali shares traded between Rwf 194 and Rwf198 and closed at Rwf 198, registering a decrease of Rwf2 compared to last Monday’s closing price. Bralirwa counter traded at between Rwf832 and Rwf833 and closed at Rwf833, which was an increase of Rwf6 compared to last Monday’s closing price.Kenya Commercial Bank (KCB) shares last transacted at Rwf 169, while Nation Media Group (NMG) shares last transacted at Rwf 1,200.At the end of formal trading hours, there were outstanding offers for 112,900 Bank of Kigali shares at between Rwf198 and Rwf214 and an outstanding bid of 4,000 shares at Rwf190. On the Bralirwa counter, there were outstanding bids for 123,300 shares at between Rwf 810 and Rwf 840 and no offers. On Kenya Commercial Bank (KCB) counter, there was an outstanding bid for 1,500 shares at Rwf 169 and no outstanding offers.