Rwanda | RSE report: BRALIRWA, BK shares recover

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High turnover rates characterized the Rwanda Stock Exchange this Tuesday, climbing to a total turnover of Rwf 124,444,000 from 815,900 BK shares and 51,100 BRALIRWA shares traded in 19 deals.

This represents a spike in activity compared to Monday’s trading session which recorded a turnover of Rwf 49,461,900 from 5,400 BK shares and 131,500 BRALIRWA shares traded in ten deals.

The increased activity spells joy for shareholders, as share prices of the two major movers on the RSE, BRALIRWA and Bank of Kigali (BK), rose a Franc each. BK shares traded between Rwf 129 and 130 and closed at Rwf 130, registering an increase of Rwf 1 while BRALIRWA shares traded between Rwf 370 and 372 and closed at Rwf 371, also registering an Rwf 1 increase. KCB and NMG shares last transacted at Rwf 140 and Rwf 1,200 respectively.

Bids and offers for tomorrow’s session stand as follows: outstanding bids of 1, 063,800 BK shares between Rwf 125 and Rwf 130 and outstanding offers of 3,200 shares at Rwf 132. On the BRALIRWA counter, there were outstanding bids of 152,700 shares between Rwf 360 and Rwf 371 and an outstanding offer of 50,000 shares at Rwf 375.

 

Listed companies Price   
BRALIRWA 371
Bank of Kigali (BK) 130
Nation Media Group (NMG) 1200
Kenya Commercial Bank (KCB) 140

 

 

 

 

 

 

 

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About the author

Ashley Stuart is the Editor (English) for RwandaEye. She has worked as the lead project manager for Dunkirk Business Consultancy and is an authority on Foreign Markets. She is the major contributor of English articles for RwandaEye.

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