BK shares fall as market index drops

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BK shares

Rwanda share index (RSI) went down 5.31 points to close at 257.81 mainly generated by the drop of BK share price which closed at Rwf265.

The total turnover for the day was Rwf100,525,000 from 500 shares of Bralirwa and 359,000BK shares traded in 7 deals compared to the last trading session which recorded a total turnover of Rwf486,000 from 700 shares of Bralirwa and 600  BK shares traded in 5 deals.

Bralirwashares traded and closed at Rwf460 constant compared to the yesterday’s closing price, whereas BK counter traded between Rwf257-280 and closed at Rwf265 down by Rwf20 compare to the yesterday’s closing price.

On the other hand KCB, NMGand Uchumi Supermarket shares last transacted at Rwf185, Rwf1200 and Rwf175 respectively.

At the end of formal trading hours, there were outstanding offers of 216,500 BK shares between Rwf 265-305 and no outstanding bids.

On Bralirwa counter, there were outstanding offers of 29,400 shares at Rwf460 and outstanding bids of 145,600 shares between Rwf445-450.

On KCB counter there were outstanding bids of 5100 shares between Rwf175-180 and no outstanding offer then on Uchumi Supermarket counter there were an outstanding offer of 6900 shares at Rwf175 and no outstanding bid.


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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