The New Times (Kigali)

20 August 2014

Rwanda: Bank of Kigali Counter Sheds Rwf35

Bank of Kigali share price declined by Rwf35 during the past week to close at Rwf250 yesterday, down from Rwf285 the previous Monday. This led to a 10-point drop in the Rwanda Stock Exchange (RSE) share index.

According to yesterday's RSE market report, the RSE share index was 253.87 points yesterday compared to 263.17 points a week ago.

Despite the decline in its share price, Bank of Kigali was the only active counter yesterday, trading 21,200 worth Rwf5.4 million in three deals.

The Bank of Kigali counter traded at a high of Rwf254 and closed at Rwf250 yesterday.

Bralirwa, the other active counter at the RSE, last traded on Thursday, closing at Rwf460 per share.

Kenya Commercial Bank shares last transacted at Rwf185 each, while Nation Media Group and Uchumi Supermarkets shares last transacted at Rwf1,200 and Rwf175 each, respectively.

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