BK shares affect local bourse performance

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BK shares affect local bourse performance

The RSE share index (RSI) went down 0.51 points to close at 251.83 mainly caused by the falling Bank of Kigali (BK) share price which closed at Rwf250.

The total turnover for the day was Rwf 100,112,000 from 210,000 Bralirwa and 22,100 BK shares traded in 6 deals, compared to the yesterday’s trading session which recordred a total turnover of Rwf 1,016,000 from 1,500 Bralirwa and 1,300 BK shares traded in 4 deals

The BK counter traded between Rwf 250-256 and closed at Rwf 250, down compare to the yesterday’s closing price whereas Bralirwa counter traded between Rwf 450-455 and closing at Rwf 455 up compare to the yesterday’s closing price.

On the other hand KCB, NMG and Uchumi Supermarket shares last transacted at Rwf 185 ; 1,200 and Rwf 175 respectively.

At the end of formal trading hours, there were outstanding offers of 64,600 BK shares between Rwf 250-280 and no an outstanding bid.

On Bralirwa counter, there was outstanding offer of 11,200 shares at Rwf 455 and an outstanding bid of 43,800 shares at Rwf 450 while on KCB counter there was an outstanding bid of 100 shares at Rwf 175 and no outstanding offer.

On Uchumi Supermarket counter there was an outstanding offer of 7,000 shares at Rwf 104 and no outstanding bid.

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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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