BK, Bralirwa counters silent

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m_BK, Bralirwa counters silent

Both bank of Kigali-BK and Bralirwa counters remained silent by end of trading hours on Wednesday prompting the RSE share index to remain constant closing at 254.4

Bralirwa counter closed at Rwf 445 while BK counter recorded a closing price of Rwf 275 after trading between Rwf 274-275.Whilst Kenya Commercial Bank-KCB, Nation Media Group-NMG and Uchumi Supermarket shares last transacted at Rwf 185, Rwf 1,200 and Rwf 104 respectively.

The daily report from Rwanda Stock Exchange indicates that 16,900 BK shares traded in 3 deals compared to yesterday’s 35,400 BK shares traded in 6 deals whereas the total turnover by end of Wednesday was Rwf 4,633,700 compared to yesterday’s turnover of Rwf 9,761,000.

At the end of formal trading hours, there were outstanding offers of 91,700 BK shares between Rwf 275-295 and outstanding bids of 101,000 shares between Rwf 260-270. On Bralirwa counter, there were outstanding offers of 448,200shares between Rwf 444-455 and no outstanding bids. On Uchumi Supermarket there was an outstanding offer of 6,600 shares at Rwf 104 and no outstanding bids.

On the other hand, on today’s RSE bond market there was an outstanding bid of 600,000 government bonds at Rwf 100.




About the author

Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

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