Rwanda | RSE report: BRALIRWA share price slips

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Trading at the Rwanda Stock Exchange yesterday saw BRALIRWA shares continue to slide, posting a Rwf 4 decline, to close at Rwf 370.

This reflected the general state of affairs at the RSE, as total turnover also closed lower than the previous session. A total turnover of Rwf 49,461,900 was recorded, from the Bank of Kigali counter which traded 5,400 shares at Rwf 129 each in just one deal and beverage-maker BRALIRWA, which traded 131,500 shares in ten deals between Rwf 370 and Rwf 372.

Kenya Commercial Bank (KCB) shares last transacted at Rwf 140 while the other Kenyan outfit listed at the RSE, Nation Media Group (NMG) shares remained dormant at Rwf 1,200.

At the end of formal trading hours, there were outstanding bids of 2, 050,200 BK shares at Rwf 125 and Rwf 126 and outstanding offers of 689,800 shares between Rwf 130 and Rwf 132. On the BRALIRWA counter, there were outstanding bids of 40,600 shares between Rwf 365 and Rwf 370 and an outstanding offer of 100,000 shares at Rwf 380.

 

Listed companies Price   
BRALIRWA 370
Bank of Kigali (BK) 129
Nation Media Group (NMG) 1200
Kenya Commercial Bank (KCB) 140

 

 

 

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About the author

Mr. Sina is the Managing Partner & Chief Editor of RwandaEye. After completing his post-graduation from the Faculty of Economics and Management, National University of Rwanda,he worked in various consulting capacities for equity and business firms in Kigali. A shrewd strategist, he is an Economic Pundit, entrepreneur and Investment Banker.

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