Bralirwa dominates Rwanda Bourse trade week

m_Bralirwa dominates Rwanda Bourse trade week

This week the Rwanda Stock Exchange  market activity was higher compared to the previous week’s trading session.

 The total turnover for this week was 317, 651,300 from 175,300 BK shares and 582,000 Bralirwa shares all traded in 30 deals compared to the last week’s trading session that recorded a total turnover of 160, 300,300 from 541,093 BK shares and 112,900 Bralirwa shares in 30 deals.

 Today, the RSE share index (RSI) went up 1.77 points to close at 267.49 and mainly pushed by the rising Bralirwa share price which closed at Rwf465.

 The total turnover for the day was Rwf4, 181,000 from 2,500 BK shares and 7,500 Bralirwa shares traded in 4 deals compared to yesterday’s 9 trading session that recorded a total turnover of Rwf149, 222,700 from 2,300 BK shares and 323,000 Bralirwa shares traded in 9 deals.

 Bralirwa shares traded between Rwf 460-465 and closed at Rwf 465, registering an increase of Rwf5 compared to the previous closing price whereas BK counter traded and closed at Rwf292, changed from  yesterday’s closing price of 293.

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

 At the end of formal trading hours, there were outstanding offers of 216,000 BK shares between Rwf290-315 and no outstanding bids. On Bralirwa counter, there were outstanding bids of 27,200 shares between Rwf445-460 and outstanding offers of 2,800 shares between 465 and 480.

 On the side of KCB counter, there was an outstanding bid of 5,100 sharesbetween Rwf175-180 and no outstanding offers. On Uchumi Supermarket counter, there was an outstanding offer of 7,200 shares at Rwf175 and no outstanding bids.

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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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