Price drop in Rwanda’s most active stocks  BK, Bralirwa drags Shares index down

The Rwanda Stock Exchange (RSE) shed 1.49 points on its share index during the week, mainly due to the drop in Bank of Kigali (BK) and Bralirwa’s share prices, yesterday’s market report indicates.

BK’s share price dropped from Rwf 296 last Monday to Rwf 295 yesterday while Bralirwa’s dropped from Rwf 374 a share last Monday to Rwf 371 yesterday.

This led to the RSE Share Index going down from 232.17 points last week to 230.68 points yesterday.

In spite of that, the two firms remain the most active counters at the bourse with 112,100 BK shares traded yesterday in two deals worth Rwf 32.5 million. The Bralirwa counter, on the other hand, traded 200 shares worth Rwf 74,200 in two deals as well.

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