Rwanda Stock Exchange bourse recovers from slump

m_Rwanda Stock Exchange bourse recovers from slump

The RSE share index (RSI) went up 0.27 points to close at 233.64 and mainly pushed by the rising Bank of Kigali {BoK} share price which closed at Rwf 240.

The total turnover for the day was Rwf 137,879,200 from 583,400 BoK shares and 1,000 Bralirwa shares traded in nine deals compared to the previous trading session which recorded a total turnover of Rwf 525,717,700 from 941,400 BoK shares and 361,000 Bralirwa shares traded in eighteen deals.

The BoK counter traded at a high of Rwf 241 and low of Rwf 234 before closing at RwF 240, increasing by Rwf 1 from yesterday’s closing price whereas Bralirwa counter traded and closed at Rwf 845, unchanged from yesterday’s closing price. KCB shares last transacted at Rwf 185 while NMG and Uchumi Supermarket shares last transacted at Rwf 1,200 and Rwf 175 respectively.

At the end of formal trading hours, there were outstanding offers of 97,600 BoK shares between Rwf 249-250 and outstanding bids of 773,000 shares between Rwf 235-245. On Bralirwa counter, there were outstanding offers of 240,400 shares between Rwf 846-890 and an outstanding bid of 50,000 shares at Rwf 835.

On KCB counter; there were outstanding bids of 12,400 shares between Rwf 175-180 and no outstanding offers. On NMG counter; there was an outstanding bid of 1,000 shares at Rwf 1,200 and no outstanding offers.

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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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