BK only active counter on Bourse

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Bank of Kigali was yesterday the only active counter on the Rwanda Stock Exchange (RSE) according to the bourse daily market report.

The bank traded 5,000 shares worth Rwf1.5 million in turnover, summing up what pundits say was a slow quarter at the bourse.

The counter shed Rwf1 yesterday to trade at Rwf289 compared to Rwf290 during the last session on Friday.

This was also a decline of Rwf7, down from Rwf295 on Monday last week.

All the other counters – Bralirwa, Uchumi Supermarkets, Equity Group Holdings, KCB Group, and Nation Media Group were quiet yesterday, as was the case for most of the past week.

The counters were however unchanged at Rwf349, Rwf104, Rwf415, Rwf169 and Rwf1, 200, respectively.

The RSE Share Index dropped 1.61 points during the week to close at 220.07 points yesterday, down from 221.68 points on Monday last week.

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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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